文档介绍：Mock Exam - AM and PM
This mock exam has a 6-hour time limit.
Question
1 of 240
Jeffrey Jones passed the Level I CFA examination in 1997 and the Level II examination in
2009. He is not currently enrolled for the Level III examination. According to the CFA Institute
Standards of Professional Conduct, which of the following is the most appropriate way for
Jones to refer to his participation in the CFA Program?
Passed Level II of the CFA examination in 2009
Jeffrey Jones, CFA (expected 2014)
Candidate in the CFA Institute CFA Program
Question
2 of 240
Ri Lin, CFA, is a portfolio manager with Dynasty Investment Management. Lin is performing
research on Titan Mining for potential inclusion in his fund. Management at Titan is interested
in having a well-known fund manager such as Lin as a shareholder. Titan pays for Lin to fly to
a company retreat in Tokyo, where a brief introductory meeting is followed by attendance at a
sporting event and then dinner at one of the city's top restaurants. Lin participates after
disclosing the activities to Dynasty's compliance department. Which standard did Lin's
actions most likely violate?
Diligence and Reasonable Basis
Independence and Objectivity
Disclosures of Conflicts
Question
3 of 240
James Woods, CFA, is a portfolio manager at ABC Securities. Woods has reasonable grounds
to believe his colleague, Sandra Clarke, a CFA Level II candidate, is engaged in unethical
trading activities that may also be in violation of local securities laws. Woods is not Clarke's
supervisor, and her activities do not impact Woods or any of the portfolios for which he is
responsible. Based on the Code and Standards, the recommended course of action is for
Woods to:
not take any action because he is not directly involved.
1
report Sandra Clarke to