2007年特许金融分析师（CFA）一级培训习题-6组MOCK EXAM

2007年特许金融分析师（CFA）一级培训习题-6组MOCK EXAM

MOCK EXAM 23、MOCK EXAM 24、MOCK EXAM 25、MOCK EXAM 26、MOCK EXAM 27、MOCK EXAM 28，含答案

QUESTIONS 1 TROUGH 18 RELATE TO ETHICAL AND PROFESSIONAL STANDARDS AND ARE ALLOCATED 27 MINUTES.
1.
Correct answer: D
demonstrate a thorough knowledge of the Code of Ethics and Standards of Professional Conduct by applying the Code and Standards to specific situations presenting multiple issues of questionable conduct.
Selective disclosure occurs when companies discriminate in making material nonpublic information public. Selective disclosure raises insider trading concerns.

2.
Correct answer: B
demonstrate a thorough knowledge of the Code of Ethics and Standards of Professional Conduct by applying the Code and Standards to specific situations presenting multiple issues of questionable conduct.
There is nothing to suggest that Wong does not have a reasonable basis for his conclusion related to Nolvec. However, by delaying the revision of his recommendation so that his brother can buy shares at a lower price, he has violated the CFA Institute Standards relating to duty to client, duty to employer, and priority of transactions.

3.
Correct answer: A
demonstrate a thorough knowledge of the Code of Ethics and Standards of Professional Conduct by applying the Code and Standards to specific situations presenting multiple issues of questionable conduct.
Trading on the information is restricted as it relates to a tender offer; it is clearly material, nonpublic information. Tender offer (中文意思是“要约收购”)is the bid for buying the stock, which is the material information.

4.
Correct answer: D
demonstrate a thorough knowledge of the Code of Ethics and Standards of Professional Conduct by applying the Code and Standards to specific situations presenting multiple issues of questionable conduct.
Members should disclose all matters that reasonably could be expected to impair the member’s objectivity.

5.
Correct answer: B