As part of his responsibilities as a research analyst, Gonzalez, along with several other analysts, takes a tour of the corporate headquarters and meets with management of a large electronics company in Asia. The company pays for the travel and accommodations of all the analysts participating in the 2-day tour and hosts a dinner, a golf tournament, and a sightseeing excursion for them as part of the trip. Under these circumstances, Gonzalez: A) May accept the reimbursement for the travel and accommodations because the firm paid for all the analysts and did not show favoritism to Gonzalez. B) May attend the dinner and participate in the golf tournament and sight-seeing but not accept reimbursement for travel and accommodations. C) Should not accept reimbursement for his travel and accommodation expenses and should not attend the dinner or participate in the golf tournament as doing so may impinge on Gonzalez independence and objectivity. D) May attend the dinner and participate in the golf-tournament and sight-seeing excursion because Gonzalez considers these modest ø³erks?acceptable in the normal course of business. When a corporate issuer, seeking to increase their visibility with potential investors, hires an analyst to write research on their company, the analyst must do all of the following EXCEPT: A) Strictly limit the type of compensation received by the company so that the compensation is not based on the content or recommendation contained in the report. B) Disclose in the report that the analyst is being paid by the company to write the report. C)Allow the company that paid for the report to review the analysis and recommendations. D) Engage in thorough, independent and unbiased analysis of the company. Which of the following statements regarding research reports is/are CORRECT according to the Standards of Practice Handbook? I. Members should outline known limitations of their analysis. II. Reports should be supported by background and supporting information, and this information should be available to interested parties. III. Members must include all relevant factors in research reports. A) II and III. B) I and II. C) I, II, and III. D) I and III. Which of the following is the CORRECT manner for an individual to indicate that they hold the CFA designation? A) I am a CFA B) I have been awarded a CFA degree by the CFA Institute. C) I am a CFA charterholder. D) I am a Chartered Financial Analyst. Which of the following is LEAST LIKELY to assist a Member in meeting their obligations with regard to presenting investment performance under the Code and Standards: A) Complying with the Global Investment Performance Standards (GIPS). B) Presenting the performance of the weighted composite of similar portfolios. C) Presenting the performance of a new investment strategy by applying the strategy to historical performance data. D) Making disclosures that explain the performance results being reported. What you got for these questions?
1 - No effing clue 2 - See other thread. 3 - B - You do not need to include ALL relevant factors in your report. 4 - C - I am a CFA Charterholder is the only appropriate way to do it, of those answers. 5 - C - See my post in the other thread where you asked these.
1 - Should not accept reimbursement for his travel and accommodation expenses and should not attend the dinner or participate in the golf tournament as doing so may impinge on Gonzalez’s independence and objectivity.
Wow. That’s awful.