Which of the following is true regarding Standard II (A)?
Answer(s): B
Standard II (A) relates to the responsibility of AIMR members and candidates to use their professional designation properly and in a non-misleading manner. A person must be registered to take the next scheduled CFA exam to be a "candidate" in the CFA program. There is no designation for someone who has passed Level I, II, or III of the CFA exam. Candidates may state, however, that they have completed Level I, II, or III.The standard applies to all related explanations or descriptions of the CFA designation, including letterheads and business cards, resumes, directory listings, printed advertising, brochures and oral statements to clients and prospects.
Which of the following statements is correct regarding Standard II (A) - Use of Professional Designation?
Answer(s): D
"Joe Martin, CFA II" and "Joe Martin, CFA III" are misrepresentations and a violation of Standard II (A). There is no designation for someone who has passed Level I, Level II, or Level III. He may not state he is a candidate unless he is registered for the next exam.
Composite ________ measures represent the consistency of a firm's composite performance results with respect to the individual portfolio returns within a composite.
Answer(s): C
The AIMR-PPS require that managers disclose the dispersion of portfolio returns within each composite.
Under the Performance Presentation Standards, selected firm composites can be designated as being in compliance, only if ________ of the firm's composites are in compliance.
Answer(s): A
Compliance cannot be met on a per product or per composite basis, but can only be met on a firmwide basis.Composites may not be presented as being in compliance unless all of the firm's qualifying portfolios have been accounted for in at least one composite defined according to similar strategy or investment objective.
Performance Presentation Standards require the disclosure of whether composite returns on international investments are ________ of foreign withholding taxes.
The performance presentation must disclose whether composites and benchmarks are presented gross or net of withholding taxes on dividends, interest and capital gains; if net, the assumed tax rate for both the composite and the benchmark.
Share your comments for Test Prep CFA-Level-I exam with other users:
it is very nice
i gave the amazon dva-c02 tests today and passed. very helpful.
there is an incorrect word in the problem statement. for example, in question 1, there is the word "speci c". this is "specific. in the other question, there is the word "noti cation". this is "notification. these mistakes make this site difficult for me to use.
passed my az-120 certification exam today with 90% marks. studied using the dumps highly recommended to all.
i need it, plz make it available
q47: intrusion prevention system is the correct answer, not patch management. by definition, there are no patches available for a zero-day vulnerability. the way to prevent an attacker from exploiting a zero-day vulnerability is to use an ips.
this is simple but tiugh as well
questão 4, segundo meu compilador local e o site https://www.jdoodle.com/online-java-compiler/, a resposta correta é "c" !
its very useful
i mastered my skills and aced the comptia 220-1102 exam with a score of 920/1000. i give the credit to for my success.
real questions
very helpful assessments
hi there, i would like to get dumps for this exam
i studied for the microsoft azure az-204 exam through it has 100% real questions available for practice along with various mock tests. i scored 900/1000.
please upload 1z0-1072-23 exam dups
i was hoping if you could please share the pdf as i’m currently preparing to give the exam.
i am looking for oracle 1z0-116 exam
where we can get the answer to the questions
nice questions
question 129 is completely wrong.
i need dump
love the site.
can you please upload it back?
could you please re-upload this exam? thanks a lot!
great about shared quiz
goood helping
pay attention to questions. they are very tricky. i waould say about 80 to 85% of the questions are in this exam dump.
wish you would allow more free questions
great simulation
very g inood
q35 should be a
sap c_ts450_2021
ecellent materil for unserstanding