CFAlevel1-Mock-1141/41Questions1~18RelatetoEthics.....................................................................................................2Questions19~32RelatetoQuantitativeanalysis..........................................................................9Questions33~44RelatetoEconomics.........................................................................................13Questions45~68RelatetoFinancialStatementAnalysis..........................................................17Questions69~76RelatetoCorporatefinance...............................................................................26Questions77~88RelatetoEquityinvestment............................................................................29Questions89~94RelatetoDerivatives........................................................................................32Questions95~106RelatetoFixed-incomeAnalysis...................................................................34Questions107~110RelatetoAlternativeInvestments...............................................................38Questions111~120RelatetoPortfolioManagement.................................................................39CFAlevel1-Mock-1142/41Questions1~18RelatetoEthics1.CarolinaOchoa,CFA,isthechieffinancialofficeratPantagoniaComputing.OchoaiscurrentlythesubjectofaninquirybyPantagonia'scorporateinvestigationsdepartment.TheinquiryistheresultofananonymouscomplaintaccusingOchoaoffalsifyingtravelexpensesforseniormanagementrelatedtoagovernmentcontract.AccordingtotheCFAInstituteCodeofEthicsandStandardsofProfessionalConduct,itismostappropriateforOchoatodisclosetheallegations:A.onherProfessionalConductStatement.B.toCFAInstituteiftheallegationsareprovencorrect.C.toCFAInstitutewhentheinvestigationconcludes.2.RichardCardinal,CFA,isthefounderofVolcanoCapitalResearch,aninvestmentmanagementfirmwhosesoleactivityisshortselling.Cardinalseeksoutcompanieswhosestockshavehadlargepriceincreases.Cardinalalsopaysseverallobbyingfirmstoupd...
