1、CFA Level1经典模拟试题1200道【一份十分经典的专业资料，打灯笼都找不到的好资料】8 Schweser Printable Tests - Level 1 - EXAM 1 Morning - 180 Schweser Printable Tests - Level 1 - EXAM 1 Morning - 180 SScchhwweesseerrPPrriinnttaabblleeTTeessttss-LLeevveell11-EEXXAAMM11MMoorrnniinngg-118800 minutes - Level 1 - EXAM 1 Morning minutes - L
2、evel 1 - EXAM 1 Morning mmiinnuutteess-LLeevveell11-EEXXAAMM11MMoorrnniinngg Youcanprint thispagebygoing tofile- printinyourinternetbrowser Ethics - 18 Questions - 27 minutes Ethics - 18 Questions - 27 minutes EEtthhiiccss-1188uueessttiioonnss-2277mmiinnuutteess Question1 - 23379 Based on AIMRs Stan
3、dards of Professional Conduct which of the following statements are a violation of Standard IV B6 Prohibition against Misrepresentation A young trainee bond trader tells a prospective client that she can assist the client in all the clients investment needs equity fixed income and derivatives and ba
4、sed A on her years of experience as an analyst in the business that an investment looks likeit has lots of potential B Allof these An investment manager recommends to a prospective client an investment in C mortgage IO strips because they are guaranteed by an agency of the federal government A broke
5、r says XYZ stock is 100 guaranteed to double in value over the next six D months Question2 - 28161 According to AIMRs Standards of Professional Conduct Standard I B Fundamental Responsibilities members shall not knowingly participate or assist in legal and ethical violations An analyst must report a
6、ll legal violations to the proper regulatory commission and is held A responsible for participating in illegal acts when the law is evident to anyone knowing the law is held responsible for violations by others when the analyst is unaware of the facts B giving rise to the violation is held responsib
7、le for participating in illegal acts when the law is evident to anyone C knowing the law and can participate in a violation by having knowledge of the violation and taking no action to stop it or disassociate from it is held responsible for participating in illegal acts when the law is evident to an
8、yone D knowing the law and is held responsible for violations by others when the analyst is unaware of the facts giving rise to the violation Question3 - 28162 Which of the following is a violation based on AIMRs Standards of Professional Conduct A portfolio manager accepts free trades from XYZ for
9、her personal account for A directing the portfolios trades to XYZ She does not inform her manager since there is no cashinvolved After informing his manager a portfolio manager accepts money for giving a broker B information relating toa clients financial standing A portfolio manager is offered a fr
10、ee vacation to increase performance At the end C of the year performance is up and the manager accepts the vacation after informing his manager of the fact A portfolio manager is unexpectedly offered a vacation at year-end from a client D who was pleased with their portfolios performance The manager
11、 accepts the vacation after informing her manager of the fact Question4 - 28165 Based on AIMRs Standards of Professional Conduct which of the following statements are a violation of Standard IV B6 Prohibition against Misrepresentation A young trainee bond trader tells a prospective client that she c
12、an assist the client in all the clients investment needs equity fixed income and derivatives and based A on her years of experience as an analyst in the business that an investment looks likeit has lots of potential An investment manager recommends to a prospective client an investment in B mortgage
13、 IO strips because they are guaranteed by an agency of the federal government A broker says XYZ stock is 100 guaranteed to double in value over the next six C months D Allof these Question5 - 28167 NOT NOT Which one of the following is NNOOTT consistent with AIMRs Performance Presentation Standards
14、A Cash and cash equivalents must be included in composite returns All actual fee paying discretionary portfolios should be included in at least one B composite Investment performance is the record of the manager not the firm all changes in C personnel should be accounted for by adjusting the composi
15、tes performance history Presentation of performance may be either gross or net of investment management D fees as long as the method and the fee schedule are disclosed Question6 - 28168 Under the Employee Retirement Income Security Act ERISA a person is a fiduciary if he or she has discretionary aut
16、hority in the administration of the pension plan renders A investment advice for a fee with respect to a pension plans assets exercises any discretionary authority with the management of the pension plan or its assets B has an executive position in the firm sponsoring the pension plan has an executi
17、ve position in the firm sponsoring the pension plan has discretionary C authority in the administration of the pension plan exercises any discretionary authority with the management of the pension plan or D its assets Question7 - 29219 There are four components of the AIMRCode of Ethics All of the f
18、ollowing are part of the EXCEPT EXCEPT Code of Ethics EEXXCCEEPPTT Practiceand encourage others to practicein a professional and ethical manner that A will reflect credit on members and their profession Strive to maintain and improve the competence of regulatory bodies such as the B Securities and E
19、xchange Commission SEC C Strive to maintain and improve the competence of others in the profession D Use reasonable care and exercise independent professional judgment Question8 - 29220 AIMRbelieves that a imum level of professional responsibility and conduct dictates that A members be aware of and
20、comply with laws rules and regulations governing their conduct companies should set standards based on the ethics of upper management and B the board of directors that firms should comply with all domestic laws and regulations and that these laws C also govern behavior in foreign markets regardless
21、of foreign laws and requirements that a minimum level of professional responsibility and conduct dictates that D members be aware of and comply with laws rules and regulations governing their conduct Question9 - 29221 TRUE TRUE Which of the following statements about the AIMRCode and Standards is TT
22、RRUUEE The Code and Standards require that members report legal violations to the appropriate governmental or A regulatory organization do not require that members report legal violations to the appropriate governmental B or regulatory organization expect members to resign from their jobs to disasso
23、ciate themselves from clients C engaging in illegal activities D expect members to persuade the perpetrator to cease illegal activities Question10- 29222 EXCEPT EXCEPT Allof the following are appropriate uses of the CFA designation EEXXCCEEPPTT A Jeremy Salyers CFA B Joanne Silbourne is a CFAcharter
24、holder I as a CFA charterholder expect to outperform the market because CFA C charterholders have on average outperformed the SP in 95 percent of the last 50 years I have earned the CFA designation by passing three exams having sufficient work D experience and becoming a member of AIMR Question11- 2
25、9223 NOT NOT Which of the following would NNOOTT violate AIMR 畳 s rules regarding personal integrity and behavior A driving under the influence DUI conviction that results in the loss of ones A drivers license for six months B Stealing a car and going to prison for 18 months A misdemeanor conviction
26、 that results from lying about your income on your tax C return D Cheating on an MBA preliminary exam and being expelled from the University Question12- 29224 When must an analyst give credit to the firm抯 own research staff for research analysis A When sending printed materials toclients B When disc
27、ussing research with a client C In a professional witness situation D In inter-office communications Question13- 29225 NOT NOT An AIMR member is NNOOTT required to notify her supervisor in writing of the AIMR Code and Standards under which of the following circumstances The employer has indicated a
28、willingness to adopt AIMRs Code and Standards A and the supervisor is an AIMR member The employer has a high ethical standard much of which is reflected in writing in B the firms Mission Statement C The supervisor is an AIMR member The employer has publicly acknowledged in writing that they have ado
29、pted the D AIMR Code and Standards Question14- 29226 When an AIMRmember who is presently employed by a firm undertakes any independent EXCEPT EXCEPT practice he must do all of the following EEXXCCEEPPTT A secure written permission from the employer remand a percentage to be determined by the employe
30、e and employer of the B income earned back to the employer C secure written permission from the outside firm disclosethe identity of their employer to clients and prospective clients and the fact D that they are performing independently of the employer Question15- 29227 FALSE FALSE Which of the foll
31、owing statements regarding employeeemployer relationships is FFAALLSSEE A A written contract may or may not exist between employer and employee The employer has the power to control and direct the details of how work is to be B performed There must be monetary compensation for an employeremployee re
32、lationship to C exist D An employee is someone in the service of another Question16- 29228 Withrespect toStandard III E Responsibilities of Supervisors compliance supervisors and EXCEPT EXCEPT compliance officers should do all of the following EEXXCCEEPPTT A disseminate the compliance procedures inc
33、orporate a professional conduct evaluation into the employees performance B review hold hearings with representatives from the firm to decide whether violations have C occurred and the level of severity of the violations D review employee actions to ensure compliance and identify violators Question1
34、7- 29229 Brett Germaine is an AIMRmember who manages client portfolios He has the power to buy and sellsecurities on behalf of his clients His mother is a client and Brett manages her trust Withrespect tohis mother 抯 account he must treat her account with a bit more care and concern giving her advan
35、ce notice of A information like recommendation changes treat her account with less care and concern than his other accounts soas to avoid B the appearance of favoritism and comply with the Code and Standards not takehis mothers account because it is a violation of the Code and Standards to C manage
36、a family members account or trust treat her account like any other firm account and should not give her account D special treatment or disadvantage Question18- 29230 In a tough decision to leave Greenberg and Associates Jillian Cross CFA decides to seek employment with a competing firm She decides t
37、hat her current management team is essential to her ability to do her job and plans to convince the others to come with her when she leaves She also plans to take her client list with her because she has tostart somewhere in building a book of business Jillian is A out of compliance only in taking the
