Level1 mock 120 - Study guides, Class notes & Summaries
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CFA level1-Mock-120
- Exam (elaborations) • 44 pages • 2023
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CFA level1-Mock-120 
Questions 1~18 Relate to Ethics ............................................................................................. 2 
Questions 19~32 Relate to Quantitative analysis.................................................................. 8 
Questions 33~44 Relate to Economics.................................................................................. 14 
Questions 45~68 Relate to Financial Statement Analysis................................................... 18 
Q...
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CFA level1-Mock-120
- Exam (elaborations) • 44 pages • 2023
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- $14.99
- + learn more
CFA level1-Mock-120 
2/44 
Questions 1~18 Relate to Ethics 
1. Correct answer: B. 
Members/candidates who possess material nonpublic information that could affect the value of an 
investment should not act or cause others to act on the information as stated in Standard II(A). 
Crux traded on the material information that Orca is about to be acquired by Cyber Kinetics. The 
information is non-public because it is not publicly available, which was verified when Crux 
researched Orca on the Interne...
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