更多"Amy, a CFA candidate, recently join"的相关试题:
[单项选择]An asset manager, a CFA charterholder, manages small-cap portfolios for institutional clients. The manager is convinced, given the deteriorating economic conditions, that as a group, small-cap equities will underperform during the next 12 months. To preserve her client’s wealth, the manager buys large-cap equities that he believes are better positioned to weather the expected economic downturn. The manager provides complete disclosure of these trades to his clients after the purchase. Has the manager violated any CFA Institute Standards of Professional Conduct（ ）
A. No.
B. Yes, relating to suitability.
C. Yes, relating to misconduct.
[单项选择]A CFA charterholder owns an asset management firm with offices downtown. To minimize rent expenses, each year the charterholder ships the previous year’s research report to a nearby warehouse. There, the reports are digitized and stored in both electronic and hard-copy forms. After five years, all paper copies are destroyed and only electronic copies are retained. Are the charterholder’s record-retention procedures in compliance with the CFA Institute Standards of Practice（）
A. No.
B. Yes, because he is only required to retain hard copies for five years.
C. Yes, because he still retains electronic copies of the original documents.
[单项选择]Bill Kimm, CFA owns an asset management firm with offices downtown. To minimize rent expenses, each year Bill ships the previous year’s research records to a nearby warehouse. There, the reports are digitized and stored in both electronic and hard-copy forms. After five years, all paper copies are destroyed and only electronic copies are retained. Are Bill’s record-retention procedures in compliance with the CFA Institute Standards of Practice（ ）
A. Yes.
B. No, because he did not retain the copies in his offices.
C. No, because he failed to retain the original documents.
[单项选择]When Jefferson Damon, CFA, joined NPSI Investing, NPSI began using a quantitative stock selection model that Damon had developed on his own personal time prior to his employment with NPSI. One year later when Damon left the firm, he found the original copy of the model that he had developed in a file at his home and presented it to his new employer, who immediately began using the model. According to the Standards of Practice Handbook, did Damon violate any CFA Institute Standards of Professional Conduct（ ）
A. No.
B. Yes, because he misappropriated property that now belonged to NPSI.
C. Yes, because he failed to inform his new employer that the model was the same one used by his previous employer.
[单项选择]Tamber Benz, CFA, recently joined Bay Area Investment Group as a personal financial planner. Today, she has a meeting with a client interested in equity index funds, with a particular interest in learning about the source and direction of biases. In preparation for this meeting, she makes some quick notes (relying on her memory). These notes are listed below. She then finds her well-worn CFA study notes and checks her memory. After reviewing her notes, which of the following choices does she determine is least accurate（）
A. An index such as the Valueline Composite Average is constructed by purchasing an equal number of shares of each stock in the index, and will have a downward bias when geometric averaging is used to compute the return.
B. One problem with an index such as the S&P 500 is that firms with greater market capitalization have more impact than other firms.
C. A market value-weighted index, such as the New York Stock Exchange Index, accurately reflects the impact of price changes on wealth.
[单项选择]When Peter Jiang, CFA, joined Brown Investing, Brown began using a quantitative stock selection model that Peter had developed on his own personal time prior to his employment with Brown. One year later when Peter left the firm, he found the original copy of the model that he had developed in a file at his home and presented it to his new employer, who immediately began using the model. According to the Standards of Practice Handbook, did Peter violate any CFA Institute Standards of professional Conduct（）
A. No.
B. Yes, because he failed to act in Brown’s best interest.
C. Yes, because he misappropriated property that now belonged to Brown.
[单项选择]Several years ago, Simon Ma, CFA, founded an investment club with three friends. The investment club’s account grew rapidly to a substantial size, but the club has not actively traded the account for at least a year and does not plan to resume active trading of the account. Simon’s employer requires an annual disclosure of employee stock ownership. Simon discloses all of his personal trading accounts., but does not disclose his holdings in the investment club. Has Simon most likely violated any CFA Institute Standards of Professional Conduct（）
A. No
B. Yes, with respect to fiduciary duty.
C. Yes, with respect to confilicts of interest.
[单项选择]A) Help Amy with her math. B) Do his own math homework.
C) Go to dinner together with Amy. D) Play basketball with Amy.
[填空题]How did Amy feel in her party
Amy felt she was ______ in the world.
[单项选择]Neil Barton, CFA, and Nancy Roberts, CFA, began a joint research report on Stamp Corporation. Nancy spent several days visiting Stamp’s corporate headquarters and meeting with all company officers. Prior to the completion of the report, Nancy was reassigned to another project. Neil utilized his and Nancy’s research to write the report. According to the CFA Institute Standards of practice Handbook, did Nell Violate any CFA Institute Standards of Professional Conduct（）
A. No.
B. Yes, with respect to misrepresentation.
C. Yes, with respect to independence and objectivity.
[单项选择]Who joined the company recently
A. Some designers.
B. An art director.
C. Some photographers.
[单项选择]What does Amy not like
A. Soccer.
B. Tennis.
C. Basketball.
[单项选择]Hedge funds that contain infrequently traded assets would most likely exhibit a downward bias with respect to:（）
A. Measured risk but not correlations with conventional equity investments.
B. Correlations with conventional equity investments but not measured risk
C. Both measured risk and correlations with conventional equity investments.
[简答题] Capital asset pricing model (CAPM)
[单项选择]Asset allocation is important in determining overall investment performance because it: （ ）
A. helps determine the expected return of the portfolio.
B. determines most of the portfolio’s returns over time.
C. helps determine the standard deviation of the portfolio.
