CFA Institute CFA-Level-I Exam Questions - Real Practice Questions for Guaranteed Success

Question 1

Each of the following is true regarding Standard II (A), except:

AYou must be registered for the next CFA exam in order to call yourself a candidate.

BThis standard relates to business cards and letterheads.

CThis standard does not relate to oral statements.

DThere is no designation for someone who has passed Level I, II, or III .

EAll of these answers.

FCandidates may state that they have completed Level I, II, or III .

Correct : C

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AYou must be registered for the next CFA exam in order to call yourself a candidate.

BThis standard relates to business cards and letterheads.

CThis standard does not relate to oral statements.

DThere is no designation for someone who has passed Level I, II, or III .

EAll of these answers.

FCandidates may state that they have completed Level I, II, or III .

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Question 2

Standard ________ pertains to fair dealing with customers and clients.

AIII (B)

BIV (B.3)

CIV (A)

DI (D)

ENone of these answers

Correct : B

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AIII (B)

BIV (B.3)

CIV (A)

DI (D)

ENone of these answers

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Question 3

Social investments:

Ashould never be used in pension fund investing.

Bin pensions must be well thought-out, making sure that such investments are legal and do not impair the integrity of the funds in questions or the financial security of the participants or beneficiaries.

Cnone of these answers.

Dhave yet to be used as an investment in pension funds in the U.S.

Eare proper investment vehicles for pensions, since they are a 'public good.'

Correct : B

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Ashould never be used in pension fund investing.

Cnone of these answers.

Dhave yet to be used as an investment in pension funds in the U.S.

Eare proper investment vehicles for pensions, since they are a 'public good.'

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Question 4

Fundamental Responsibilities is dealt with under:

AStandard I

BStandard III

CNone of these answers

DStandard V

EStandard II

FStandard IVThat answer is correct!

Correct : A

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AStandard I

BStandard III

CNone of these answers

DStandard V

EStandard II

FStandard IVThat answer is correct!

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Question 5

Duration of a bond normally increases with an increase in:

Atime to maturity.

Bcoupon rate.

Cyield to maturity.

Dpar value.

Correct : A

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Atime to maturity.

Bcoupon rate.

Cyield to maturity.

Dpar value.

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Master CFA Institute CFA-Level-I Exam with Reliable Practice Questions

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