Name: CFA-Level-I
Brand: P2PExams
SKU: CFA-Level-I
Price: 59.00 USD
Availability: InStock
Rating: 5.0 (115 reviews)

Question 1

Everly Smith has passed Level II of the CFA examination. While studying for Level III, he circulates his resume stating that he has "completed Charter Financial Analyst II" and his resume lists his name as "Everly Smith, CFA II ." Which of these following statements is correct?

A. Everly Smith is not in compliance with the standards regarding use of the CFA designation. He may state he "completed Chartered Financial Analyst II," but cannot put "CFA II" after his name.
B. Everly Smith is not in compliance with the standards regarding use of the CFA designation. He can neither state he "completed Chartered Financial Analyst II" nor "Everly Smith, CFA II ."
C. Everly Smith is not in compliance with the standards regarding use of the CFA designation. Since he is registered for Level III he should state "Everly Smith, CFA III ."
D. Everly Smith is in compliance with the standards regarding use of the CFA designation.

Question 2

Corporate directors are governed by the ________. Trustees are governed by the ________.

A. none of these answers
B. "common sense doctrine"; business judgment rule
C. business judgment rule; Prudent Man Rule
D. business judgment rule; "common sense doctrine"
E. "common sense doctrine"; Prudent Man Rule
F. Prudent Man Rule; business judgment rule
G. Prudent Man Rule; "common sense doctrine"

Latest CFA Institute CFA-Level-I Practice Questions BY Hinton

Other Popular CFA Institute Exams