操你逼_一级毛片在线观看免费_91欧美激情一区二区三区成人_日本中文字幕电影在线观看_久久久精品99_九九热精

24周年

財稅實務 高薪就業 學歷教育
APP下載
APP下載新用戶掃碼下載
立享專屬優惠

安卓版本:8.7.93 蘋果版本:8.7.93

開發者:北京正保會計科技有限公司

應用涉及權限:查看權限>

APP隱私政策:查看政策>

HD版本上線:點擊下載>

"morality" exercise:Guidance for Standards I

來源: 正保會計網校 編輯:小鞠橘桔 2020/12/16 10:28:24  字體:

選課中心

多樣班次滿足需求

選課中心

資料專區

干貨資料助力備考

資料專區

報考指南

報考條件一鍵了解

報考指南

學習是一個不斷積累的過程,每天學習一點,每天進步一點!為了幫助大家更高效地備考2021年CFA考試,正保會計網校每日為大家上新CFA習題供大家練習。讓網校與您一起高效備考2021年CFA考試,夢想成真!

Questions 1:

Oni Erobo, CFA, the General Partner in a real estate development project, is responsible for completing the project within an 18-month period and within budget. Erobo will receive an equity stake of 20% in the project if it comes within budget. Concerned that project costs could escalate, the Limited Partners require Erobo to cap expenses at 15% above budget. Costs were within expectation up until the last month of construction when imported lighting fixture costs (accounting for roughly 5% of total costs) escalated by more than 50%. As a result, the overall return declined below the partners expected 35% ROI. Erobo did not inform the Limited Partners about the increased costs. Did Erobo most likely violate the CFA Code of Ethics and Standards of Professional Conduct? 

A 、No. 

B 、Yes, because returns are lower than expected by the Partners. 

C 、Yes, because he did not disclose the increased costs to his Partners. 

Questions 2:

Danielle Deschutes, CFA, is a portfolio manager who is part of a 10-person team that manages equity portfolios for institutional clients. A competing firm, South West Managers, asks Deschutes to interview for a position within its firm and to bring her performance history to the interview. Deschutes receives written permission from her current employer to bring the performance history of the stock portfolio with her. At the interview, she discloses that the performance numbers represent the work of her team and describes the role of each member. To bolster her credibility, Deschutes also provides the names of institutional clients and related assets constituting the portfolio. During her interview Deschutes most likely violated the CFA Institute Standards of Professional Conduct with regards to:

A 、the stock portfolio’s performance history.

B、 her contribution to the portfolio’s returns. 

C 、providing details of the institutional clients.

View answer resolution
【Answer to question 1】A

【analysis】

A is correct because no violation took place. Erobo was not required to inform the Limited Partners about the increase in lighting fixture cost as the increase would not cause the overall project cost to escalate higher than the 15% budget variance contingency agreed within the partnership. 

 B is incorrect because Erobo did not make any promises regarding the return of the project. 

 C is incorrect because Erobo was not required to inform the Limited Partners regarding the increase in lighting fixture cost since the increase would not cause the overall project cost to escalate higher than the 15% budget variance agreed within the partnership allowing Erobo a 20% equity stake.

【Answer to question 2】C

【analysis】

C is correct because Deschutes most likely violated Standard  III(E)–Preservation of Confidentiality by failing to preserve the confidentiality of client records when she disclosed specific details about clients in the equity portfolio. 

A is incorrect because Standard III(D)–Performance Presentation does not prohibit showing past performance of funds managed at a prior firm as part of a performance track record as long as showing that record is accompanied by appropriate disclosures about where the performance took place and the person’s specific role in achieving that performance, which has been done in this case.

 B is incorrect because the specific role the portfolio manager played in achieving the performance and the portion of the return that she was directly responsible for should be disclosed as required by Standard III(D)–Performance Presentation. Deschutes explains that the performance was a team effort and there is no indication she tried to exaggerate her role in obtaining the performance nor did she specifically state a return she was directly responsible for which would be difficult to determine as a member of a team.

成功=時間+方法,自制力是這個等式的保障。世上無天才,高手都是來自刻苦的練習。而人們經常只看到“牛人”閃耀的成績,其成績背后無比寂寞的勤奮。小編相信,每天都在勤奮練習,即使是一點點的進步,大家一定可以成為人人稱贊的“牛人”。

點擊了解更多CFA考試資訊>>

學員討論(0

免費試聽

特許金融分析師限時免費資料

  • CFA報考指南

    CFA報考指南

  • CFA考試大綱

    CFA考試大綱

  • CFA歷年

    CFA歷年

  • CFA學習計劃

    CFA學習計劃

  • CFA思維導圖

    CFA思維導圖

  • CFA備考建議

    CFA備考建議

回到頂部
折疊
網站地圖

Copyright © 2000 - www.electedteal.com All Rights Reserved. 北京正保會計科技有限公司 版權所有

京B2-20200959 京ICP備20012371號-7 出版物經營許可證 京公網安備 11010802044457號

恭喜你!獲得專屬大額券!

套餐D大額券

去使用
報考小助理

備考問題
掃碼問老師

主站蜘蛛池模板: 国产精品片 | 国产午夜精品一区二区三区 | 日本第一区| 日韩视频久久 | 精品久久亚洲 | 99re6热只有精品免费观看 | 欧美国产在线视频 | 日韩精品久久久 | 日韩欧美亚洲一区二区 | 国产精品亚洲第一区在线暖暖韩国 | 国产精品1区2区3区 久久美女性网 | 艹久久 | 国产1区在线观看 | 国内精品久久久久久 | 日韩欧美电影在线观看 | 欧美日韩成人在线视频 | 国产精品久久久久久久久久 | 欧美巨猛xxxx猛交黑人97人 | 99在线视频精品 | 日韩精品久久久 | 国产亚洲在线 | 野花成人免费视频 | 九九热在线观看视频 | 2017天天操 | 黄色小视频在线 | 在线精品小视频 | 毛片在线免费播放 | 国产精品一区二区无线 | 亚洲精品国产成人久久av盗摄 | 青青久久网 | 亚洲一区视频在线 | av成人一区二区 | 久久久久一区二区 | 91精品视频在线 | 国产成人午夜精品5599 | 黄色大片在线免费看 | 久久久久久久久99精品 | 国产精品免费观看视频 | 亚洲一区二区欧美 | 日韩av手机免费在线观看 | 一区二区三区亚洲 |