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Free CFA-Level-I Exam Braindumps (page: 7)

Page 7 of 991
PDF with 3963 Questions

With regard to real estate, all properties must be included in at least one ________.

  1. account
  2. investment type
  3. composite
  4. sector
  5. portfolios

Answer(s): C

Explanation:

Consistent with the general requirements for all composites, all properties with discretionary fee-paying investors must be included in at least one account. Because of the unique nature of individual real estate investments, however, composites containing single properties are appropriate in many cases.



Each ________ needs to comprise portfolios or asset classes that represent a similar investment goal.

  1. return
  2. composite
  3. value
  4. benchmark
  5. mix

Answer(s): B

Explanation:

All actual fee-paying discretionary portfolios must be included in at least one composite defined according to similar strategy or investment objective.



ERISA fiduciaries must adhere to the following prudent procedures:

- establish a written investment policy for the plan
- diversify plan assets
- make investment decisions with the skill and care of a ________
- monitor investment performance
- control investment expenses
- avoid prohibited transactions

  1. member
  2. supervisor
  3. prudent expert
  4. none of these answers
  5. trader

Answer(s): C

Explanation:

These procedures are stipulated under the detailing of ERISA fiduciary duties, to ensure that the fiduciary complies with the duty to act with prudence. Under ERISA, the fiduciary is held to a higher standard than the Prudent Man Rule. The ERISA fiduciary needs to be as prudent as the average expert, not simply as prudent as the average person.



________ establishes the fiduciary principles for U.S. corporate pension plans.

  1. AIMR
  2. PSPC
  3. ERISA
  4. WTO
  5. UMIFA
  6. None of these answers
  7. RELAC

Answer(s): C

Explanation:

ERISA establishes the fiduciary principles for U.S. corporate pension plans. ERISA is very specific in its definition of fiduciaries and their responsibilities and investment managers of U.S. corporate pension plans are subject to ERISA's fiduciary provisions.



Page 7 of 991



Post your Comments and Discuss Test Prep CFA-Level-I exam with other Community members:

vinay commented on October 25, 2024
practice test
UNITED STATES
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Shree commented on October 25, 2024
recomendeds . Thanks
Anonymous
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Olympia commented on October 25, 2024
The free version is good but does not have all questions. However the PDF has double the amount of questions and very helpful to pass the exam.
Canada
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Scruzer commented on October 25, 2024
Cleared this exam today. Questions are still valid.
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Vidhi Mishra commented on October 25, 2024
Nice set of questions
Anonymous
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Srivats commented on October 25, 2024
Hello, Great learning. Thank you. Looks like Question 13's answer should be D. "If you plan to use the segment again, stop the publish schedule instead" as highlighted in doc.
Anonymous
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Priest-Son commented on October 24, 2024
helpful questions also in other forums
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Simon commented on October 24, 2024
guys waht do you think about this dump?
Anonymous
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Kay commented on October 24, 2024
There's new test updated for network+: N10-009. Hope we could have it soon.
Anonymous
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John Como commented on October 24, 2024
Very helpful
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saif Ali commented on October 24, 2024
for Question no 50 The answer would be using lambda vdf as this provides automation
INDIA
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Baghya commented on October 24, 2024
Yeh dumps use kiye aur exam mein pass ho gaya.
INDIA
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Varma commented on October 24, 2024
Thanks team and Thanks to these dumps, I’ve never felt so confident about last-minute prep!
INDIA
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Darko commented on October 24, 2024
Passed! let’s just say these dumps were the secret weapon.
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Machoo987 commented on October 24, 2024
Studying wasn’t working, so I turned to these dumps—best decision I made since pizza for breakfast!
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Zuby commented on October 24, 2024
Nice Question
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Chandara commented on October 24, 2024
I passed with ease, and now I have to explain to my friends how ‘studying’ got me through. hahah
INDIA
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Jack commented on October 24, 2024
Muito bom as perguntas
Anonymous
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Diogo Gomes commented on October 24, 2024
As Muhammad Saleem comented, question 20 is wrong. Entities are found in the Data layer and not in the Interface layer.
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Neena commented on October 24, 2024
This dump PDF gets the job done
Anonymous
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test commented on October 24, 2024
good one to go through
Anonymous
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Kamal commented on October 24, 2024
I’m 90% sure I owe my new certification to these dumps, and 10% to coffee. LOL Questions are valid and same in the real exam.
Netherlands
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Maseh commented on October 24, 2024
Who knew cramming could be so effective? These dumps saved me from a meltdown!
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Drew commented on October 24, 2024
Used these dumps, nailed the exam—now I’m basically a genius (or close enough).
Australia
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Shawn commented on October 24, 2024
As you must know by now the exam is extremely hard. The only way to pass is to know the questions and answers and I found these dump questions very relevant to actual exam.
Canada
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Vidhi Mishra commented on October 24, 2024
Huge set of Cloud Dital leader exam
Anonymous
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jakir commented on October 24, 2024
its really more help full.
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TheUser commented on October 23, 2024
So far seems good
Anonymous
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John commented on October 23, 2024
great insight
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Chris commented on October 23, 2024
Is this site currently valid for the AZ-900 exam as of October 23, 2024?
Anonymous
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Rian commented on October 23, 2024
Good night comment
Anonymous
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K commented on October 23, 2024
Good Questions
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Jayson commented on October 23, 2024
Can someone confirm if this is for the 7th edition or not?
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