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According to Standard IV (A.2), members should consider including the following information in research reports, except:
According to Standard IV (A.2), members should consider including the following information in research reports, except: A. the methodology that drove the investment decisions. B. yield- to- maturity. C. annual amount of income expected. D. degree of uncertainty associated with the cash flows. E. business, financial, political, sovereign and market...
Standard IV (B.7) deals with ________.
Standard IV (B.7) deals with ________.A . Priority of TransactionsB . None of these answersC . Disclosure of Referral FeesD . Performance PresentationE . Prohibition against MisrepresentationF . Disclosure of Conflicts to Clients and ProspectsG . Preservation of ConfidentialityH . Prohibition against Use of Material Nonpublic InformationView AnswerAnswer: F Explanation:...
Which of the following is/are required by AIMR- PPS with regards to calculation of returns?
Which of the following is/are required by AIMR- PPS with regards to calculation of returns? I. Total return - realized and unrealized gains plus income - should be used. II. Returns must be based on arithmetic mean calculations. III. Accrual accounting must be used for fixed- income securities.A . I,...
Smith, a research analyst with a brokerage firm, decides to change his recommendation on the common stock of Green company, Inc., from a buy to a sell. He mails this change in investment advice to all the firm's clients on Wednesday. The day after the mailing, a client calls with a buy for 500 shares of Green Company.
Smith, a research analyst with a brokerage firm, decides to change his recommendation on the common stock of Green company, Inc., from a buy to a sell. He mails this change in investment advice to all the firm's clients on Wednesday. The day after the mailing, a client calls with...
Another name for "access" person is ________.
Another name for "access" person is ________.A . none of these answersB . supervisorC . ombudsmanD . guardianE . fiduciaryF . covered personView AnswerAnswer: F Explanation: Access or covered persons have knowledge of pending or actual investment recommendations or action. The firm's definition of access (covered) person should be broad...
In this sequence of events, which of the following is/are true?
Sterling Drachma is a senior investment consultant currently researching a few high- risk internet stock companies which recently started trading on NASDAQ. Sterling manages 5 large and private investment accounts for which he has discretionary investment authority. Sterling is about 3 years away from retirement and his retirement portfolio is...
The Prudent Man Rule states that the trustee must achieve an equitable balance between current income and the ________ of principal in ________.
The Prudent Man Rule states that the trustee must achieve an equitable balance between current income and the ________ of principal in ________.A . prudent management; in money marketsB . preservation; real termsC . steady growth; nominal termsD . preservation; nominal termsE . prudent management; in fixed- income securitiesF ....
Standard III (D) is ________.
Standard III (D) is ________.A . None of these answersB . Disclosure of Additional Compensation ArrangementsC . Disclosure of Conflicts to EmployerD . Obligation to Inform Employer of Code and StandardsE . Duty to EmployerF . Responsibilities of SupervisorsView AnswerAnswer: B Explanation: Standard III (A) deals with the Obligation to...
If every one of your research reports had a statement stating that every research report on issues by a corporate client reflects the unbiased opinion of the analyst, you would be complying with Standard ________.
If every one of your research reports had a statement stating that every research report on issues by a corporate client reflects the unbiased opinion of the analyst, you would be complying with Standard ________. A. IV (A.3) B. IV (A.1) C. IV (A.2) D. II (A) E. II (C)...
Which of the following relating to compliance procedures for complying with Standard III (E) is false? The compliance procedures should:
Which of the following relating to compliance procedures for complying with Standard III (E) is false? The compliance procedures should:A . none of these answers.B . outline permissible conduct.C . delineate procedures for reporting violations and sanctions.D . designate a team of outside colleagues to form a review board.E ....
