CFA-Level-I Exam Question 341
According to Standards of Professional Conduct, as per Standard VII (B): Reference to CFA Institute, the CFA designation, and the CFA program, which of the following ways is NOT considered holding oneself out to be a CFA Charterholder?
I). Placing the designation "CFA" or "CFA Charterholder" after ones name on a resume.
II). Placing the designation "CFA" or "CFA Charterholder" after ones name on a business card, brochure etc.
III). Orally referencing oneself as a current/active/practicing CFA Charterholder.
IV). Displaying the CFA charter in an office or work environment.
I). Placing the designation "CFA" or "CFA Charterholder" after ones name on a resume.
II). Placing the designation "CFA" or "CFA Charterholder" after ones name on a business card, brochure etc.
III). Orally referencing oneself as a current/active/practicing CFA Charterholder.
IV). Displaying the CFA charter in an office or work environment.
CFA-Level-I Exam Question 342
In the past the FASB has been criticized for having a ______ approach to standards.
CFA-Level-I Exam Question 343
A portfolio manager with Churn Brothers Brokerage has recently been approached by one of its institutional accounts requesting that the dollar-weighted rate of return for the Microspeculative investment be calculated. Consider the following series of transactions: t0: Purchase 20,000 shares for
$ 0.90 per share t1: Purchase 50,000 shares for $1.13 per share t2: Purchase 50,000 shares for $1.20 per share t3: Sell 20,000 shares of for $1.22 per share Sell 80,000 shares of for $1.20 per share Sell 20,000 shares of for $1.17 per share Ignoring commissions, what is the dollar-weighted rate of return for this investment?
$ 0.90 per share t1: Purchase 50,000 shares for $1.13 per share t2: Purchase 50,000 shares for $1.20 per share t3: Sell 20,000 shares of for $1.22 per share Sell 80,000 shares of for $1.20 per share Sell 20,000 shares of for $1.17 per share Ignoring commissions, what is the dollar-weighted rate of return for this investment?
CFA-Level-I Exam Question 344
Features of a firm's technology that lead to falling long-run average cost as output increases are
CFA-Level-I Exam Question 345
Total asset turnover is used to evaluate