Exam (elaborations)
CFA Level 1 CFAI Mock Exam I (AM) Questions and Answers 100% Solved
- Course
- Institution
CFA Level 1 CFAI Mock Exam I (AM)
[Show more]
Seller
Follow
julianah420
Reviews received
Content preview
CFA Level 1 CFAI Mock Exam I (AM)Can you initiate coverage on a company that is a potential client? - answer Yes - as
long as the recommendation is not unjustifiably favorable
Tender Offers - answer Mat., non-pub info -> can't use!
To be GIPS compliant, a firm must adopt: - answer the broadest definition of the firm
*presented annually, to all clients
Do you have to reveal referral fees even if $ isn't actually exchanged? - answer yes
(duh)
Remember: if there is total disregard for ethics from BOTH your boss and compliance,
you are recommended to - answer quit the job
For 3rd party research.. - answer you must do due diligence
the width of a conf. interval for a pop. mean is smaller if the sample size is: - answer
larger and the degree of conf. is lower
if the given p-value is greater than the level of significance - answer the null hyp. cannot
be rejected
to get the compound ROR, use the - answer geometric mean
exhaustive events - answer when all possible outcomes are covered
Bayes Formula = - answer P(event / information) = P (information / Event) /
P(information)) x P(Event)
If the prices of substitute resources decrease, the demand for a given resource will most
likely - answer decrease
*a dec. in the price of a sub. would induce consumers to use the sub. good, reducing
demand for the good in question
GDP measures the - answeragg. income earned by all households, all companies, and
the govt
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller julianah420. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $13.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
72042 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now