Amazon
Avaya
Checkpoint
Cisco®
CompTIA
CrowdStrike
EC-Council
EXIN
Fortinet
Google
ISC
ISC2
ITIL®
Juniper
Microsoft
MuleSoft
Okta
Palo Alto Networks
Salesforce
SAP
All Vendors
  1. Home
  2. Test Prep
  3. CFA-Level-I

Test Prep CFA-Level-I Exam (page: 1)
Test Prep CFA® Level I Chartered Financial Analyst
Updated on: 28-Jul-2025

Viewing Page 1 of 793
CFA-Level-I PDF 3963 Questions

According to the AIMR-PPS, ________ are defined to include all discretionary and nondiscretionary assets.

  1. individually managed assets
  2. individual investor's assets
  3. total firm assets
  4. global assets

Answer(s): C

Explanation:

Total firm assets are defined to include all discretionary and nondiscretionary assets. Total firm assets don't refer to assets underlying overlay investment strategies, such as currency overlay, options and futures overlays, securities lending programs and asset allocation overlay strategies, unless the firm actually manages the underlying assets.



Standard IV (B.7) deals with ________.

  1. Priority of Transactions
  2. None of these answers
  3. Disclosure of Referral Fees
  4. Performance Presentation
  5. Prohibition against Misrepresentation
  6. Disclosure of Conflicts to Clients and Prospects
  7. Preservation of Confidentiality
  8. Prohibition against Use of Material Nonpublic Information

Answer(s): F

Explanation:

Standard IV (B.7) states that members shall disclose to their clients all matters that could become potential conflicts. These include beneficial ownership of securities or other investments, that reasonably could be expected to impair the member's ability to make unbiased and objective recommendations.



Standard III (D) deals with ________.

  1. Professional Misconduct
  2. Use of Professional Designation
  3. Plagiarism
  4. Fundamental Responsibilities
  5. None of these answers
  6. Obligation to Inform Employer of Code and Standards

Answer(s): E

Explanation:

Standard I deals with Fundamental Responsibilities. Standard II (A) deals with Use of Professional Designation.
Standard II (B) deals with Professional Misconduct. Standard II (C) deals with Plagiarism. Standard III (A) deals with the Obligation to Inform Employer of Codes and Standards. Standard III (D) deals with the Disclosure of Additional Compensation Arrangements.



Another name for "access" person is ________.

  1. none of these answers
  2. supervisor
  3. ombudsman
  4. guardian
  5. fiduciary
  6. covered person

Answer(s): F

Explanation:

Access or covered persons have knowledge of pending or actual investment recommendations or action. The firm's definition of access (covered) person should be broad enough to cover all people with that knowledge.



Which of the following is/are true about the Performance Presentation Standards?

  1. A member who complies with the mandatory requirements of the PPS but does not follow the recommended requirements can publicly claim compliance with the PPS.
    II. The PPS are designed to be primarily a performance measurement framework.
    III. The Standards are not designed to enhance or detract from the presentation of historical results.
  2. III only
  3. II and III only
  4. I, II and III
  5. I and III only

Answer(s): D

Explanation:

The PPS are designed to be primarily a performance presentation system, not a performance measurement system. The Standards are not designed to enhance or detract from the usefulness of the information in historical results, though it does restrict the way they are to be presented. The PPS are voluntary standards and are not necessarily binding on AIMR members. Some standards are mandatory while others are recommended. To claim compliance, members must abide by the mandatory requirements, at the very least.



Viewing Page 1 of 793



Share your comments for Test Prep CFA-Level-I exam with other users:

Aaron 2/8/2023 12:10:00 AM

thank you for providing me with the updated question and answers. this version has all the questions from the exam. i just saw them in my exam this morning. i passed my exam today.
SOUTH AFRICA


Sarwar 12/21/2023 4:54:00 PM

how i can see exam questions?
CANADA


Chengchaone 9/11/2023 10:22:00 AM

can you please upload please?
Anonymous


Mouli 9/2/2023 7:02:00 AM

question 75: option c is correct answer
Anonymous


JugHead 9/27/2023 2:40:00 PM

please add this exam
Anonymous


sushant 6/28/2023 4:38:00 AM

please upoad
EUROPEAN UNION


John 8/7/2023 12:09:00 AM

has anyone recently attended safe 6.0 certification? is it the samq question from here.
Anonymous


Blessious Phiri 8/14/2023 3:49:00 PM

expository experience
Anonymous


concerned citizen 12/29/2023 11:31:00 AM

52 should be b&c. controller failure has nothing to do with this type of issue. degraded state tells us its a raid issue, and if the os is missing then the bootable device isnt found. the only other consideration could be data loss but thats somewhat broad whereas b&c show understanding of the specific issues the question is asking about.
UNITED STATES


deedee 12/23/2023 5:10:00 PM

great help!!!
UNITED STATES


Samir 8/1/2023 3:07:00 PM

very useful tools
UNITED STATES


Saeed 11/7/2023 3:14:00 AM

looks a good platform to prepare az-104
Anonymous


Matiullah 6/24/2023 7:37:00 AM

want to pass the exam
Anonymous


SN 9/5/2023 2:25:00 PM

good resource
UNITED STATES


Zoubeyr 9/8/2023 5:56:00 AM

question 11 : d
FRANCE


User 8/29/2023 3:24:00 AM

only the free dumps will be enough for pass, or have to purchase the premium one. please suggest.
Anonymous


CW 7/6/2023 7:37:00 PM

good questions. thanks.
Anonymous


Farooqi 11/21/2023 1:37:00 AM

good for practice.
INDIA


Isaac 10/28/2023 2:30:00 PM

great case study
UNITED STATES


Malviya 2/3/2023 9:10:00 AM

the questions in this exam dumps is valid. i passed my test last monday. i only whish they had their pricing in inr instead of usd. but it is still worth it.
INDIA


rsmyth 5/18/2023 12:44:00 PM

q40 the answer is not d, why are you giving incorrect answers? snapshot consolidation is used to merge the snapshot delta disk files to the vm base disk
IRELAND


Keny 6/23/2023 9:00:00 PM

thanks, very relevant
PERU


Muhammad Rawish Siddiqui 11/29/2023 12:14:00 PM

wrong answer. it is true not false.
SAUDI ARABIA


Josh 7/10/2023 1:54:00 PM

please i need the mo-100 questions
Anonymous


VINNY 6/2/2023 11:59:00 AM

very good use full
Anonymous


Andy 12/6/2023 5:56:00 AM

very valid questions
Anonymous


Mamo 8/12/2023 7:46:00 AM

will these question help me to clear pl-300 exam?
UNITED STATES


Marial Manyang 7/26/2023 10:13:00 AM

please provide me with these dumps questions. thanks
Anonymous


Amel Mhamdi 12/16/2022 10:10:00 AM

in the pdf downloaded is write google cloud database engineer i think that it isnt the correct exam
FRANCE


Angel 8/30/2023 10:58:00 PM

i think you have the answers wrong regarding question: "what are three core principles of web content accessibility guidelines (wcag)? answer: robust, operable, understandable
UNITED STATES


SH 5/16/2023 1:43:00 PM

these questions are not valid , they dont come for the exam now
UNITED STATES


sudhagar 9/6/2023 3:02:00 PM

question looks valid
UNITED STATES


Van 11/24/2023 4:02:00 AM

good for practice
Anonymous


Divya 8/2/2023 6:54:00 AM

need more q&a to go ahead
Anonymous