Reading 45: Execution of Portfolio Decisions Los n~Q1-3 criteria, regarding, following, execution, investment

youzizhang

 

LOS n: Explain the meaning and criteria of best execution.

Q1. Which of the following is FALSE regarding best execution? Best execution:

A)   depends on relationships and practices.

B)   should be judged independently of the investment decision.

C)   is similar to the prudence concept.

 

Q2. Which of the following is FALSE regarding best execution?

A)   Best execution can determine a trader’s effectiveness over time.

B)   Best execution prevents high cost trades from taking place.

C)   Best execution can be measured after the fact for a series of trades.

 

Q3. Which of the following is FALSE regarding best execution?

A)   Best execution can be measured for a single trade.

B)   Each party to a trade determines what best execution is.

C)   Best execution cannot be judged separately of the investment decision.

 

rawrdinosaur

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luqian55

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deqiang

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suodi

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rawrdinosaur

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maxsimax

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思霖

Thanks!

auar

距 June 2010 CFA Level 1、2、3 Exam 还有34天

leeyaoxee

Thanks.