If a firm uses non-discretionary leverage, it must present performance using:
Answer(s): B
According to Section B of the PPS standards - "Calculation of Returns" - for non-discretionary leverage, performance must be presented on an all-cash returns basis.
________ and other hybrid securities must be treated consistently across and within composites.
This is one of the requirements which is mandatory in order to be in compliance with the PPS.
Standard IV (B.8), Disclosure of Referral Fees, includes ________.
Answer(s): D
Under Standard IV (B.8), appropriate disclosure involves disclosing the nature of the consideration or benefit given or received for the recommending of services. Consideration includes all fees, whether paid in cash, in soft dollars, or in kind.
Which of the following relating to compliance procedures for complying with Standard III (E) is false? The compliance procedures should:
The compliance officer should be designated from within the firm.
According to the AIMR-PPS for venture and private placements, ________ internal rate of return must be presented since inception of the fund and be net of fees, expenses and carry to the limited partner.
Answer(s): C
Cumulative internal rate of return must be presented since inception of the fund and be net of fees, expenses and carry to the limited partner. Irr must be calculated based on cash-on-cash returns plus residual value.
Share your comments for Test Prep CFA® LEVEL 1 exam with other users:
this exam dumps just did the job. i donot want to ruffle your feathers but your exam dumps and mock test engine is amazing.
nice questions
the explanation are really helpful
just passed my exam yesterday on my first attempt. these dumps were extremely helpful in passing first time. the questions were very, very similar to these questions!
cosmos db is paas not saas
what is the percentage of common questions in gcp exam compared to 197 dump questions? are they 100% matching with real gcp exam?
not able to see questions
by far one of the best sites for free questions. i have pass 2 exams with the help of this website.
excellent question bank.
it really helped
excelent material
the new versoin of this exam which i downloaded has all the latest questions from the exam. i only saw 3 new questions in the exam which was not in this dump.
question 8 - can cloudtrail be used for storing jobs? based on aws - aws cloudtrail is used for governance, compliance and investigating api usage across all of our aws accounts. every action that is taken by a user or script is an api call so this is logged to [aws] cloudtrail. something seems incorrect here.
question 13 tda - c01 answer : quick table calculation -> percentage of total , compute using table down
pls share teh dump
question 44 answer is user risk
please post the questions for preparation
thanks for the questions
please reopen it now ..its really urgent
these practice exam questions were exactly what i needed. the variety of questions and the realistic exam-like environment they created helped me assess my strengths and weaknesses. i felt more confident and well-prepared on exam day, and i owe it to this exam dumps!
thank u it very instructuf
its helpful?
is this dump still valid???
question 205 answer is b
question 39, should be answer b, directions stated is being sudneted from /21 to a /23. a /23 has 512 ips so 510 hosts. and can make 4 subnets out of the /21
beautiful test engine software and very helpful. questions are same as in the real exam. i passed my paper.
the questions are exactly the same in real exam. just make sure not to answer all them correct or else they suspect you are cheating.
question: 78 the right answer i think is d not a
very helpful
i am writing this exam tomorrow and have dumps
can i have the icdl excel exam
please upload it
hye when will post again the past year question for this h13-311_v3 part since i have to for my test tommorow…thank you very much
on question 22, option b-once per session is also valid.