Q12. An analyst writes a report and includes the forecasts of an econometric model developed by the firm’s research department. The analyst identifies the source of the forecast and includes all the relevant statistics concerning the model and his opinion of the model’s accuracy. With respect to Standard V(A), Diligence and Reasonable Basis, the analyst has: A) violated the Standard by including quantitative details in a report. B) complied with the Standard. C) violated the Standard by not testing the model himself.
Q13. In the process of recommending an investment, in order to comply with Standard V(A), Diligence and Reasonable Basis, a CFA Institute member must: A) do both of these. B) have a reasonable and adequate basis for the recommendation. C) support a recommendation with appropriate research and investigation.
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发表于 2009-1-9 16:48
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