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

Test Prep CFA-Level-I Exam (page: 43)
Test Prep CFA® Level I Chartered Financial Analyst
Updated on: 25-Dec-2025

Viewing Page 43 of 793
CFA-Level-I PDF 3963 Questions

Convertible and other hybrid securities

  1. are never included in composites with conventional securities.
  2. are managed separately and treatment must be disclosed in performance reporting.
  3. are not assets to which the Standards are applicable.
  4. must be treated consistently across and within composites.

Answer(s): D

Explanation:

Convertible and other hybrid securities must be treated consistently across and within composites. Portfolios must not be switched from one composite to another unless documented changes in client guidelines make switching appropriate. This is a requirement for creation and maintenance of composites.



To claim compliance, firms must meet

  1. all composite, calculation, presentation and disclosure requirements of the AIMR Performance Presentation Standards.
  2. all composite, calculation, presentation and disclosure recommendations of the AIMR Performance Presentation Standards.
  3. all composite, calculation, presentation and disclosure requirements and recommendations of the AIMR Performance Presentation Standards.
  4. all composite, calculation, presentation and disclosure requirements and at least half of the recommendations of the AIMR Performance Presentation Standards.

Answer(s): A

Explanation:

To claim compliance, firms must meet all composite, calculation, presentation and disclosure requirements of the AIMR Performance Presentation Standards. Firms are also strongly encouraged to follow the recommended standards.



Which of the following statements is NOT correct ?

  1. All of these statements are correct.
  2. Standards II through V contain principles guiding the general activities of members.
  3. Members who work in a country where the Code and Standards impose a higher degree of responsibility than local laws and regulations must adhere to the Code and Standards.
  4. Members are not required to report legal violations to the appropriate governmental or regulatory organizations.
  5. Members who work in a country where the Code and Standards impose a lesser degree of responsibility than local laws and regulations must adhere to the local laws and regulations.

Answer(s): B

Explanation:

Standards II through V address specific conduct, while Standard I contains principles guiding the general activities of members. This distinction should be noted.



Which of the following statements is true?

  1. Standard I sets forth minimum standards relating to general activities.
  2. All of these statements are correct.
  3. Members are to be aware of laws and regulations of foreign jurisdictions.
  4. Standards II through V address specific conduct.
  5. Members who work in a country where the Code and Standards impose a lesser degree of responsibility than local laws and regulations must adhere to the local laws and regulations.
  6. Members are to comply with the laws and regulations of foreign jurisdictions.

Answer(s): B

Explanation:

All the statements are true. Standard I contains principles that apply to the general activities of members while Standards II-V address specific conduct. In addition to complying with the requirements of the Code and Standards, members must be aware of laws and regulations of foreign jurisdictions. When the Code and Standards impose a higher degree of responsibility than applicable securities laws, members must adhere to the Code and Standards and vice-versa.



An employee has a duty of ________ to his current employer, even if he has already disclosed plans to leave within the near future.

  1. loyalty
  2. judgment
  3. none of these answers
  4. sagacity
  5. prudence

Answer(s): A

Explanation:

Standard III (B) states that a departing employee is free to make preparations to go into a competitive business before terminating the relationship with the employee's current employer provided that such preparations do not breach the employee's duty of loyalty.



Viewing Page 43 of 793



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

PMSAGAR 9/19/2023 2:48:00 AM

pls share teh dump
UNITED STATES


zazza 6/16/2023 10:47:00 AM

question 44 answer is user risk
ITALY


Prasana 6/23/2023 1:59:00 AM

please post the questions for preparation
Anonymous


test user 9/24/2023 3:15:00 AM

thanks for the questions
AUSTRALIA


Draco 7/19/2023 5:34:00 AM

please reopen it now ..its really urgent
UNITED STATES


Megan 4/14/2023 5:08:00 PM

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!
UNITED KINGDOM


abdo casa 8/9/2023 6:10:00 PM

thank u it very instructuf
Anonymous


Danny 1/15/2024 9:10:00 AM

its helpful?
INDIA


hanaa 10/3/2023 6:57:00 PM

is this dump still valid???
Anonymous


Georgio 1/19/2024 8:15:00 AM

question 205 answer is b
Anonymous


Matthew Dievendorf 5/30/2023 9:37:00 PM

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
Anonymous


Adhithya 8/11/2022 12:27:00 AM

beautiful test engine software and very helpful. questions are same as in the real exam. i passed my paper.
UNITED ARAB EMIRATES


SuckerPumch88 4/25/2022 10:24:00 AM

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.
UNITED STATES


soheib 7/24/2023 7:05:00 PM

question: 78 the right answer i think is d not a
Anonymous


srija 8/14/2023 8:53:00 AM

very helpful
EUROPEAN UNION


Thembelani 5/30/2023 2:17:00 AM

i am writing this exam tomorrow and have dumps
Anonymous


Anita 10/1/2023 4:11:00 PM

can i have the icdl excel exam
Anonymous


Ben 9/9/2023 7:35:00 AM

please upload it
Anonymous


anonymous 9/20/2023 11:27:00 PM

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
Anonymous


Randall 9/28/2023 8:25:00 PM

on question 22, option b-once per session is also valid.
Anonymous


Tshegofatso 8/28/2023 11:51:00 AM

this website is very helpful
SOUTH AFRICA


philly 9/18/2023 2:40:00 PM

its my first time exam
SOUTH AFRICA


Beexam 9/4/2023 9:06:00 PM

correct answers are device configuration-enable the automatic installation of webview2 runtime. & policy management- prevent users from submitting feedback.
NEW ZEALAND


RAWI 7/9/2023 4:54:00 AM

is this dump still valid? today is 9-july-2023
SWEDEN


Annie 6/7/2023 3:46:00 AM

i need this exam.. please upload these are really helpful
PAKISTAN


Shubhra Rathi 8/26/2023 1:08:00 PM

please upload the oracle 1z0-1059-22 dumps
Anonymous


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

very good questions
INDIA


Rita Rony 11/27/2023 1:36:00 PM

nice, first step to exams
Anonymous


Aloke Paul 9/11/2023 6:53:00 AM

is this valid for chfiv9 as well... as i am reker 3rd time...
CHINA


Calbert Francis 1/15/2024 8:19:00 PM

great exam for people taking 220-1101
UNITED STATES


Ayushi Baria 11/7/2023 7:44:00 AM

this is very helpfull for me
Anonymous


alma 8/25/2023 1:20:00 PM

just started preparing for the exam
UNITED KINGDOM


CW 7/10/2023 6:46:00 PM

these are the type of questions i need.
UNITED STATES


Nobody 8/30/2023 9:54:00 PM

does this actually work? are they the exam questions and answers word for word?
Anonymous