Tentamen (uitwerkingen)
CFA Level 1. Vocab Questions and Answers 2024
Exam of 10 pages for the course CFA at CFA (CFA Level 1. Vocab)
[Meer zien]Voorbeeld 2 van de 10 pagina's
Voorbeeld 2 van de 10 pagina's
In winkelwagengesponsord bericht van onze partner
Voorbeeld van de inhoud
CFA Level 1. VocabA priori probability - answer A probability based on logical analysis rather than on
observation or personal judgment.
Abnormal return - answer The amount by which a security's actual return differs from its
expected return, given the security's risk and the market's return.
Absolute advantage - answer A country's ability to produce a good or service at a lower
absolute cost than its trading partner.
Absolute dispersion - answer The amount of variability present without comparison to
any reference point or benchmark.
Absolute frequency - answer The number of observations in a given interval (for
grouped data).
Accelerated book build - answering offering of securities by an investment bank acting
as principal that is accomplished in only one or two days.
Accelerated methods - answerDepreciation methods that allocate a relatively large
proportion of the cost of an asset to the early years of the asset's useful life.
Accounting costs - answerMonetary value of economic resources used in performing an
activity. These can be explicit, out-of-pocket, current payments, or an allocation of
historical payments (depreciation) for resources. They do not include implicit opportunity
costs.
Accounting profit - answerincome before taxes or pretax income.
Accounts receivable turnover - answerRatio of sales on credit to the average balance in
accounts receivable.
Accrued expenses - answeraccrued liabilities; Liabilities related to expenses that have
been incurred but not yet paid as of the end of an accounting period
Acid-test ratio - answerA stringent measure of liquidity that indicates a company's ability
to satisfy current liabilities with its most liquid assets, calculated as (cash + short-term
marketable investments + receivables) divided by current liabilities.
, Accumulated depreciation - answerAn offset to property, plant, and equipment (PPE)
reflecting the amount of the cost of PPE that has been allocated to current and previous
accounting periods.
Acquisition method - answerA method of accounting for a business combination where
the acquirer is required to measure each identifiable asset and liability at fair value. This
method was the result of a joint project of the IASB and FASB aiming at convergence in
standards for the accounting of business combinations.
Action lag - answerDelay from policy decisions to implementation.
Active investment - answerAn approach to investing in which the investor seeks to
outperform a given benchmark.
Active return - answerThe return on a portfolio minus the return on the portfolio's
benchmark.
Active strategy - answerIn reference to short-term cash management, an investment
strategy characterized by monitoring and attempting to capitalize on market conditions
to optimize the risk and return relationship of short-term investments.
Activity ratio - answerThe ratio of the labor force to total population of working age. Also
called participation ratio.
Activity ratios - answerRatios that measure how efficiently a company performs day-to-
day tasks, such as the collection of receivables and management of inventory. Also
called asset utilization ratios or operating efficiency ratios
Add-on rates - answerBank certificates of deposit, repos, and indices such as Libor and
Euribor are quoted on an add-on rate basis (bond equivalent yield basis).
Addition rule for probabilities - answerA principle stating that the probability that A or B
occurs (both occur) equals the probability that A occurs, plus the probability that B
occurs, minus the probability that both A and B occur.
Agency RMBS - answerIn the United States, securities backed by residential mortgage
loans and guaranteed by a federal agency or guaranteed by either of the two GSEs
(Fannie Mae and Freddie Mac).
Aggregate demand - answerThe quantity of goods and services that households,
businesses, government, and foreign customers want to buy at any given level of
prices.
Aggregate demand curve - answerInverse relationship between the price level and real
output.
Voordelen van het kopen van samenvattingen bij Stuvia op een rij:
Verzekerd van kwaliteit door reviews
Stuvia-klanten hebben meer dan 700.000 samenvattingen beoordeeld. Zo weet je zeker dat je de beste documenten koopt!
Snel en makkelijk kopen
Je betaalt supersnel en eenmalig met iDeal, creditcard of Stuvia-tegoed voor de samenvatting. Zonder lidmaatschap.
Focus op de essentie
Samenvattingen worden geschreven voor en door anderen. Daarom zijn de samenvattingen altijd betrouwbaar en actueel. Zo kom je snel tot de kern!
Veelgestelde vragen
Wat krijg ik als ik dit document koop?
Je krijgt een PDF, die direct beschikbaar is na je aankoop. Het gekochte document is altijd, overal en oneindig toegankelijk via je profiel.
Tevredenheidsgarantie: hoe werkt dat?
Onze tevredenheidsgarantie zorgt ervoor dat je altijd een studiedocument vindt dat goed bij je past. Je vult een formulier in en onze klantenservice regelt de rest.
Van wie koop ik deze samenvatting?
Stuvia is een marktplaats, je koop dit document dus niet van ons, maar van verkoper julianah420. Stuvia faciliteert de betaling aan de verkoper.
Zit ik meteen vast aan een abonnement?
Nee, je koopt alleen deze samenvatting voor €15,81. Je zit daarna nergens aan vast.
Is Stuvia te vertrouwen?
4,6 sterren op Google & Trustpilot (+1000 reviews)
Afgelopen 30 dagen zijn er 72042 samenvattingen verkocht
Opgericht in 2010, al 14 jaar dé plek om samenvattingen te kopen