Cfa Guide
2012 Level I Mock Exam: Afternoon Session The afternoon session of the 2012 Level I Chartered Financial Analyst (CFA®) Mock Examination has 120 questions. To best simulate the exam day experience, candidates are advised to allocate an average of 1.5 minutes per question for a total of 180 minutes (3 hours) for this session of the exam.
Questions 1–18 19–32 33–44 45–68 69–78 79–90 91–96 97–108 109–114 115–120
Topic Ethical and Professional Standards Quantitative Methods Economics Financial Statement Analysis Corporate Finance Equity Investments Derivative Investments Fixed Income Investments Alternative Investments Portfolio Management Total:
Minutes 27 21 18 36 15 18 9 18 9 9 180
By accessing this mock exam, you agree to the following terms of use: This mock exam is provided to currently registered CFA candidates. Candidates may view and print the exam for personal exam preparation only. The following activities are strictly prohibited and may result in disciplinary and/or legal action: accessing or permitting access by anyone other than currently registered CFA candidates and copying, posting to any website, e-mailing, distributing, and/or reprinting the mock exam for any purpose.
Questions 1 through 18 relate to Ethical and Professional Standards 1. As a condition of his employment with an investment bank, Abasi Hasina, CFA, was required to sign an employment contract, including a non-compete clause restricting him from working for a competitor for three years after leaving the employer. After one year, Hasina quits his job for a comparable position with an investment bank in a country where non-compete clauses are illegal. Lawyers with whom he consulted prior to taking the new position determined the noncompete clause was a violation of human rights and thus illegal. Did Hasina most likely violate the CFA Institute Code of Ethics? A. Yes B. No, because the non-compete clause violates his human rights C. No, because the non-compete clause is
Questions 1–18 19–32 33–44 45–68 69–78 79–90 91–96 97–108 109–114 115–120
Topic Ethical and Professional Standards Quantitative Methods Economics Financial Statement Analysis Corporate Finance Equity Investments Derivative Investments Fixed Income Investments Alternative Investments Portfolio Management Total:
Minutes 27 21 18 36 15 18 9 18 9 9 180
By accessing this mock exam, you agree to the following terms of use: This mock exam is provided to currently registered CFA candidates. Candidates may view and print the exam for personal exam preparation only. The following activities are strictly prohibited and may result in disciplinary and/or legal action: accessing or permitting access by anyone other than currently registered CFA candidates and copying, posting to any website, e-mailing, distributing, and/or reprinting the mock exam for any purpose.
Questions 1 through 18 relate to Ethical and Professional Standards 1. As a condition of his employment with an investment bank, Abasi Hasina, CFA, was required to sign an employment contract, including a non-compete clause restricting him from working for a competitor for three years after leaving the employer. After one year, Hasina quits his job for a comparable position with an investment bank in a country where non-compete clauses are illegal. Lawyers with whom he consulted prior to taking the new position determined the noncompete clause was a violation of human rights and thus illegal. Did Hasina most likely violate the CFA Institute Code of Ethics? A. Yes B. No, because the non-compete clause violates his human rights C. No, because the non-compete clause is