Iginla2011

newsuper - in general I would give greater weight to the more recent exams. CFAI only provides the previous 3 years exams for a reason and one of those reasons is because they may have subtly changed some points of emphasis, etc. I think this is what the Schweser guy on the videos said.

I would also agree with the general sentiment that only known payments in the upcoming year should be mentioned in liquidity requirements. Would they ding you if you referred to annual expenses as ongoing liquidity requirements? Who knows?

But that would probably be more appropriate in the return objective, i.e. "to generate sufficient returns to fund annual living expenses of $N"