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

Test Prep CFA-Level-I Exam (page: 21)
Test Prep CFA® Level I Chartered Financial Analyst
Updated on: 09-Feb-2026

Viewing Page 21 of 793
CFA-Level-I PDF 3963 Questions

Which of the following rules apply for calculations under the Performance Presentation Standards?

  1. Accrual accounting must be used for fixed-income securities.
  2. All of these answers.
  3. Total return, including realized and unrealized gains and losses, must be used.
  4. Time-weighted rate of return must be used.

Answer(s): B

Explanation:

All of these answers are general rules applying to calculation of returns under the PPS.



According to the AIMR-PPS when presenting the performance record of composites containing portfolios that use leverage, which of the following statements are true?

  1. If the use of leverage is discretionary, the performance presented must include the effects of the leverage.
  2. If the use of leverage is discretionary, performance on a restated, all-cash basis must be provided.
  3. All of these statements are true.
  4. If the use of leverage is nondiscretionary, performance must be presented on an all-cash basis.

Answer(s): C

Explanation:

For composites containing portfolios that use leverage, all of the statements are true. This is a requirement for presentation of results.



Which of the following AIMR standards states that a member shall not knowingly participate, or assist, in any violation of applicable laws, regulations, or the Code and Standards?

  1. III
  2. VI
  3. V
  4. I

Answer(s): D

Explanation:

Standard I: Fundamental Responsibilities states: "Members shall: A. Maintain knowledge of and comply with all applicable laws, rules and regulations of any government, governmental agency, regulatory organization, licensing agency, or professional association governing the members' professional activities, and B. Not knowingly participate or assist in any violation of such laws, rules, or regulations."



Which of the following is/are true about the definition of "total firm assets" where PPS are concerned?

  1. Total assets include non-discretionary as well as discretionary assets.
    II. Unless the firm actually manages the assets underlying investment strategies, they are not included in the definition of total assets.
    III. Assets assigned to subadvisors which are not directly under the firm's management should not be included as part of "total assets."
  2. I, II and III
  3. I and III only
  4. II and III only
  5. I and II only

Answer(s): A



Which of the following can be found in Standard I?

  1. Members shall maintain knowledge of and comply with all applicable laws.
  2. Members shall not undertake any independent practice in competition with employer without written consent.
  3. Members shall maintain appropriate records to support the reasonableness of recommendations.
  4. Members shall not participate in plagiarism.
  5. Members shall make reasonable efforts to achieve public dissemination of material nonpublic information disclosed in breach of a duty.

Answer(s): A

Explanation:

Standard I states that members shall: "A. Maintain knowledge of and comply with all applicable laws of any governing agency or professional association governing the member's professional activities, and B. Not knowingly participate or assist in any violation of laws, rules or regulations."



Viewing Page 21 of 793



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

A K 8/3/2023 11:56:00 AM

correct answer for question 92 is c -aws shield
Anonymous


Nitin Mindhe 11/27/2023 6:12:00 AM

great !! it is really good
IRELAND


BailleyOne 11/22/2023 1:45:00 AM

explanations for the answers are to the point.
Anonymous


patel 10/25/2023 8:17:00 AM

how can rea next
INDIA


MortonG 10/19/2023 6:32:00 PM

question: 128 d is the wrong answer...should be c
EUROPEAN UNION


Jayant 11/2/2023 3:15:00 AM

thanks for az 700 dumps
Anonymous


Bipul Mishra 12/14/2023 7:12:00 AM

thank you for this tableau dumps . it will helpfull for tableau certification
UNITED STATES


hello 10/31/2023 12:07:00 PM

good content
Anonymous


Matheus 9/3/2023 2:14:00 PM

just testing if the comments are real
UNITED STATES


yenvti2@gmail.com 8/12/2023 7:56:00 PM

very helpful for exam preparation
Anonymous


Miguel 10/5/2023 12:16:00 PM

question 11: https://help.salesforce.com/s/articleview?id=sf.admin_lead_to_patient_setup_overview.htm&type=5
SPAIN


Noushin 11/28/2023 4:52:00 PM

i think the answer to question 42 is b not c
CANADA


susan sandivore 8/28/2023 1:00:00 AM

thanks for the dump
Anonymous


Aderonke 10/31/2023 12:51:00 AM

fantastic assessments
Anonymous


Priscila 7/22/2022 9:59:00 AM

i find the xengine test engine simulator to be more fun than reading from pdf.
GERMANY


suresh 12/16/2023 10:54:00 PM

nice document
Anonymous


Wali 6/4/2023 10:07:00 PM

thank you for making the questions and answers intractive and selectable.
UNITED STATES


Nawaz 7/18/2023 1:10:00 AM

answers are correct?
UNITED STATES


das 6/23/2023 7:57:00 AM

can i belive this dump
INDIA


Sanjay 10/15/2023 1:34:00 PM

great site to practice for sitecore exam
INDIA


jaya 12/17/2023 8:36:00 AM

good for students
UNITED STATES


Bsmaind 8/20/2023 9:23:00 AM

nice practice dumps
Anonymous


kumar 11/15/2023 11:24:00 AM

nokia 4a0-114 dumps
Anonymous


Vetri 10/3/2023 12:59:00 AM

great content and wonderful to have the answers with explanation
UNITED STATES


Ranjith 8/21/2023 3:39:00 PM

for question #118, the answer is option c. the screen shot is showing the drop down, but the answer is marked incorrectly please update . thanks for sharing such nice questions.
Anonymous


Eduardo Ramírez 12/11/2023 9:55:00 PM

the correct answer for the question 29 is d.
Anonymous


Dass 11/2/2023 7:43:00 AM

question no 22: correct answers: bc, 1 per session 1 per page 1 per component always
UNITED STATES


Reddy 12/14/2023 2:42:00 AM

these are pretty useful
Anonymous


Daisy Delgado 1/9/2023 1:05:00 PM

awesome
UNITED STATES


Atif 6/13/2023 4:09:00 AM

yes please upload
UNITED STATES


Xunil 6/12/2023 3:04:00 PM

great job whoever put this together, for the greater good! thanks!
Anonymous


Lakshmi 10/2/2023 5:26:00 AM

just started to view all questions for the exam
NETHERLANDS


rani 1/19/2024 11:52:00 AM

helpful material
Anonymous


Greg 11/16/2023 6:59:00 AM

hope for the best
UNITED STATES