更多"Bob Thompson, CFA, is an analyst at"的相关试题:
[单项选择]An analyst who is an CFA Institute member receives an invitation from a business associate’s firm to spend the weekend in a high-quality resort, in order to abide by the Standards, the analyst should (may):（）
A. write a memo to his supervisor notifying the supervisor of the trip.
B. do all of the actions listed here.
C. accept if it is a client whose portfolio he manages.
[单项选择]Bob Wade, CFA, a senior trust manager for Central Midas Bank, manages derivative investments for aggressive clients. Wade has an agreement to refer clients with real estate needs to Carol Corky, who is in charge of a local real estate brokerage firm. Corky, in return, refers his clients with investment needs to Wade. Neither of them pays the other any cash for the referrals, and neither of them mentions the agreement to their clients or prospective clients. Has Wade most likely violated the Standards of Professional Conduct（）
A. No.
B. Yes, relating to referral fees.
C. Yes, relating to communication with clients and prospective clients.
[单项选择]Bob Wade, CFA, is the chief investment officer of his state's retirement fund in Smith Capital. One day, Wade receives a non-cash gift from Michael Papis who is a client of Wade. According to the Standards of Professional Conduct relating to independence and objectivity, which of the following statements is most accurate Wade must:（）
A. decline the gift from Papis.
B. disclose the gift to Smith Capital.
C. disclose the gift to both Smith Capital and other clients of Wade.
[单项选择]When Peter Jiang, CFA, joined Brown Investing, Brown began using a quantitative stock selection model that Peter had developed on his own personal time prior to his employment with Brown. One year later when Peter left the firm, he found the original copy of the model that he had developed in a file at his home and presented it to his new employer, who immediately began using the model. According to the Standards of Practice Handbook, did Peter violate any CFA Institute Standards of professional Conduct（）
A. No.
B. Yes, because he failed to act in Brown’s best interest.
C. Yes, because he misappropriated property that now belonged to Brown.
[单项选择]Karen Wilson, CFA, supervises eight junior analysts at Spartan Financial Services. Karen suspects that one of the analysts is violating Spartan’s personal investing policy. According to the Standards of Practice Handbook, Karen’s most appropriate initial action is to.（）
A. Initiate an investigation.
B. Notify her supervisor of the analyst’s suspected misconduct.
C. Require the analyst to liquidate and close all personal accounts.
[单项选择]Vivian, CFA, a research analyst assigned to Double Limited, has been recommending the stock’s purchase in her quarterly report. Vivian has recently married and just discovered her husband’s trust account owns several million dollars worth of Double Limited. The stock makes up more than 50 percent of the trust’s value but less than 5 percent of Double Limited’s outstanding shares. According to AIMR Standards of Professional Conduct, Vivian should: （ ）
A. Take no action because the stock is not in her name.
B. Disclose her interest in the stock at the time of her next report.
C. Cease including Double Limited stock in her report.
D. Take no action because the holding is less than 5 percent of the outstanding shares.
[单项选择]Arthur Harrow, CFA, is a pharmaceuticals analyst at Dominion Asset Management. His supervisor directs him to prepare separate research reports on Miracle Drug Company and Wonder Drug Company. Harrow’s former college roommate and close friend is the president of Miracle. Harrow owns 2000 shares of Wonder, which currently sells for $ 25 a share. Harrow’s supervisor is unaware of these facts. According to CFA Institute Standards of Professional Conduct, which of the following action, if any, is Harrow required to take if he writes the research reports（）
A. Harrow must disclose to Dominion both his relationship with the president of Miracle and his ownership of shares in Wonder.
B. Harrow must disclose to Dominion his relationship with the president of Miracle but not his ownership of shares in Wonder.
C. Harrow must disclose to Dominion his ownership of shares in Wonder but not his relationship with the president of Miracle.
[单项选择]Evelyn Mastakis, CFA, is a quantitative analyst in a local securities firm and does research about the difference between ordinary annuity and annuitydue. If both have the same number of payments, payment amount, and frequency of payments and are discounted at the same positive rate, the present value of the ordinary annuity is:（）
A. greater than the present value of the annuity due.
B. less than the present value of the annuity due.
C. equal to the present value of the annuity due.
[单项选择]Roland Carlson, CFA, is a quantitative analyst in a regional securities firm. Because the p-value is exactly the same as the specified significance level, Carlson rejects a null hypothesis. The probability Carlson made a Type Ⅱ error is:（）
A. less than the probability Carlson made a Type Ⅰ error.
B. equal to the probability Carlson made a Type Ⅰ error.
C. greater than the probability Carlson made a Type Ⅰ error.
[单项选择]Alan Mulally, CFA, is a securities analyst covering IT industry. Mulally finds that 10% of companies he follows filed for bankruptcy. Mulally then conducts a bankruptcy scoring test on all companies and finds that:
·70% of companies passed the test, and
·75% of companies passed the test, given they did not file for bankruptcy.
Using Bayes' formula, given it passed the test, the probability a company filed for bankruptcy is closest to:（）
A. 3.33%
B. 3.57%
C. 8.33%
[单项选择]Sarah Connor, CFA, is a financial analyst employed by Johnson Investment Counselors. According to the Code of Ethics and Standards of Professional Conduct, which of the following Staterments is NOT among the recommended procedures in compliance with the Standards of Professional Conduct relating to independence and objectivity Johnson Investrnent Counselors:（）
A. prohibits the acceptance of gifts.
B. protects the integrity of opinions.
C. restricts special cost arrangements.
[单项选择]Bill Gates, CFA, is a securities analyst covering transportation industry in a local broker. According to the Code of Ethics and Standards of Professional Conduct, which of the following recommended procedures to prevent violations of the Standards of Professional Conduct relating to priority of transactions is NOT accurate（）
A. Prohibit personal trading in the broker's recommended stock list.
B. Fully disclose to investors the broker's policies regarding personal investing.
C. Restrict investment personnel to participate on private placements.
[单项选择]Matthew Murphy, CFA, is an analyst at Divisadero Securities &Co.. If Murphy lives and works in a country where applicable laws differ from the requirement of the Code of Ethics and Standards of Professional Conduct, :（）
A. Murphy must comply to the applicable local law of the country.
B. Murphy must comply to the Code of Ethics and Standards of Professional Conduct.
C. Murphy must comply to the stricter of the applicable local law of the country or the Code of Ethics and Standards of Professional Conduct.
[单项选择]Cindy Grant, CFA, a research analyst for a Canadian brokerage firm, has specialized in the Canadian mining industry for the past 10 years. Grant developed an analytical model for equity valuation of companies in mining sector while at Jefferson Investments Company (JLC). Grant leaves JLC and sets up a competing new firm. Grant takes her analytical model and other supporting documentation with her to her new firm because she believes she created this analytical model by herself. Has Grant least likely violated the Standards of Professional Conduct（）
A. Yes, relating to record retention.
B. Yes, relating to loyalty to employer.
C. Yes, relating to diligence and reasonable basis.
[单项选择]William Wong, CFA, is an equity analyst with Hayswick Securities. Based on his fundamental analysis, Wong concludes that the stock of a company he follows, Nolvec Inc., is substantially undervalued and will experience a large price increase. He delays revising his recommendation on the stock from "bold" to "buy" to allow his professional conduct that relate to:（）
A. Duty to clients.
B. Reasonable basis.
C. Duty to his employer.
[单项选择]Jenny Hein, CFA, is a research analyst covering a mining industry. Hein has prepared a research report on one mining company based on research from a variety of sources and other analysts. Hein combines these materials to form her own opinion and completes the report without acknowledge her sources in her report. Then Hein distributes the report to her clients. Has Jenny most likely violated the Standards of Professional Conduct（）
A. No.
B. Yes, by failing to cite the work of others in her report.
C. Yes, by failing to have reasonable basis for her opinion.
[单项选择]Carmelo Anthony, CFA, is a mining analyst for East Bank Securities. Anthony estimates the following information about a mining company he covers:
| Conditions | Probability |
| P(Ratings upgrade) | 0.60 |
| P(Company issues new debt) | 0.50 |
| P(Ratings upgrade, given the company issue new debt) | 0.84 |
Using the total probability rule, given the company does not issue new debt, the probability of a rating upgrade is closest to:（）
A. 0.24
B. 0.34
C. 0.36
[单项选择]Jagdish Teja, CFA, is a buy-side analyst covering the furniture industry in a large investment management firm. She is invited to attend a conference call meeting with the top executives of a large furniture manufacturing company and four buy-side analysts. During the meeting, the CEO mentions that they have just calculated the company's earnings for the past quarter and they have unexpectedly and significantly dropped. The CFO adds that this drop will not be released to the public until next week. According to the Standards of Practice Handbook, Tejas' most appropriate initial course of action would be to:（）
A. encourage the company to make the information public as soon as possible.
B. disclose the information to her firm's compliance department personnel.
C. disclose the information to five equally important sell-side analysts so that the information is distributed in an equitable manner.
[单项选择]Brendan Witt, CFA, is a sell-side analyst within a research team covering companies in the technology sector. The team reaches a consensus to recommend selling a mining company after long time debating. Witt does not agree with the team's investment conclusion and believes the mining company is a potential target of takeover. According to the Standards of Professional Conduct relating to diligence and reasonable basis, which of the following statements is most accurate Witt must:（）
A. decline to be identified with the report.
B. dissociate from the report because it does not reflect his opinion.
C. ensure the consensus opinion has a reasonable and adequate basis and is independent and objective to keep her name on the report.
