CFA Level 1-December 2012

The most appropriate benchmark for measuring the relative performance of an investment manager is:
A) a broad market index.
B) the risk-adjusted return on the market portfolio.
C) an index that closely matches the manager €™s investment approach.
@iwantgovtjob C?

@iwantgovtjob

c?

@iwantgovtjob said:
Andrew Mader, CFA, is an analyst with Metro Investment Services. During lunch with some of Metro's managers, Mader is told, "There are going to be major problems at Gebco (a firm that Metro had brought public last year). I was just over there and the place is just crawling with government inspectors. €? Mader had just issued a report with a "buy" recommendation on Gebco last week. Mader should:
A) not do anything because to do so would violate his obligation to preserve confidentiality.
B) immediately issue a new report, but only after stopping by Gebco himself to corroborate the story.
C) not do anything to avoid a violation of fair dealing.
b?

@iwantgovtjob

sir ji answers to batado

@iwantgovtjob said:
A ?but why
IS A the answer?
@iwantgovtjob said:
The most appropriate benchmark for measuring the relative performance of an investment manager is: A) a broad market index. B) the risk-adjusted return on the market portfolio. C) an index that closely matches the manager €™s investment approach.
C ?
Which yield measure is the most appropriate for comparing a company €™s investments in short-term securities?

A) Money market yield.

B) Discount basis yield.

C) Bond equivalent yield
@mba4mheart - Ans is A
@iwantgovtjobwhy not C?
If prices are decreasing, the best estimates of inventory and cost of goods sold from an analyst €™s point of view are provided by:
A) FIFO inventory and LIFO cost of goods sold.
B) LIFO inventory and FIFO cost of goods sold.
C) FIFO inventory and FIFO cost of goods sold.
@iwantgovtjob said:
Which yield measure is the most appropriate for comparing a company €™s investments in short-term securities?A) Money market yield.B) Discount basis yield.C) Bond equivalent yield
B?
@iwantgovtjob said:
If prices are decreasing, the best estimates of inventory and cost of goods sold from an analyst €™s point of view are provided by: A) FIFO inventory and LIFO cost of goods sold. B) LIFO inventory and FIFO cost of goods sold. C) FIFO inventory and FIFO cost of goods sold.
B ?
@iPrateek said:
@theguynextdoorDen its really tough dude, take up schweser notes and give them most of your time
I've completed 70 pages of FRA. I shall attempt completing it this weekend, along with problems. I guess I'm left with time sufficient only to do Schweser. Ethics, I have started side-by-side. I think 6hrs on weekdays and 12 on weekends is possible. And I'm on leave for 9 days - 17th to 25th, during which time I plan on wrapping up the entire syllabus. But now I can't afford to study for the purpose of learning, but rather from an exam point of view. So, can you tell me whether there is there any information on the expected weight of topics?
@Ratika2010 - A
@iwantgovtjob what is the ans to the other two ques :)
@theguynextdoor
I can only suggest a things which are must do for CFA L1. If you can get these things done (confidently), then your chances of clearing the xam are sure shot.
1. Schweser notes
2. Schweser questions
3. CFA curriculum questions
4. schweser software questions
5. atleast two mocks(1 schweser + 1 CFA sample)

If u r able to get above mentioned things done before december 1, then its fine. These 5 things will cover almost all the types of questions asked on the exam day.

All the best
@iPrateek said:
@theguynextdoorI can only suggest a things which are must do for CFA L1. If you can get these things done (confidently), then your chances of clearing the xam are sure shot.1. Schweser notes2. Schweser questions3. CFA curriculum questions4. schweser software questions5. atleast two mocks(1 schweser + 1 CFA sample)If u r able to get above mentioned things done before december 1, then its fine. These 5 things will cover almost all the types of questions asked on the exam day.All the best
I have 2, 3, 4 and 1 CFA Sample Mock. From where can I get Schweser Notes ??
@Estallar12
http://tvb-zerohour.blogspot.in/2009/01/cfa-2012.html
@iPrateek said:
These are the notes you were talking about ? These Video Sessions. ?? :D