2019年CFA考试（Level Ⅰ）历年真题与模拟试题详解
第一部分 复习指南
目录
封面
第一部分 历年真题及详解
2015 Level Ⅰ Mock Exam: Morning Session
2015 Level Ⅰ Mock Exam: Afternoon Session
2014 Level Ⅰ Mock Exam: Morning Session
2014 Level Ⅰ Mock Exam: Afternoon Session
2013 Level Ⅰ Mock Exam: Morning Session
2013 Level Ⅰ Mock Exam: Afternoon Session
2012 Level Ⅰ Mock Exam: Morning Session
2012 Level Ⅰ Mock Exam: Afternoon Session
2011 Level Ⅰ Mock Exam: Morning Session
2011 Level Ⅰ Mock Exam: Afternoon Session
第二部分 模拟试卷及详解
Mock Exam 1
Morning Session
Afternoon Session
Mock Exam 2
Morning Session
Afternoon Session
Mock Exam 3
Morning Session
Afternoon Session
Mock Exam 4
Morning Session
Afternoon Session
Mock Exam 5
Morning Session
Afternoon Session
第二部分 考试真题
第一部分 历年真题及详解
2015 Level Ⅰ Mock Exam:Morning Session
1．Vishal Chandarana, an unemployed rearch analyst, recently registered for the CFA Level Ⅰexam. After two months of inten interviewing, he accepts a job with a stock brokerage company in a different region of the country. Chandarana posts on a blog how being a CFA candidate really helped him get a job. He also notes how relieved he was when his new employer did not ask him about being fired from his former employer.
Which CFA Institute Standards of Professional Conduct did Chandarana least likely violate?
A．Loyalty to Employers
B．Reference to CFA Institute, the CFA Designation, and the CFA Program
C．Misconduct
【答案】B查看答案
【解析】
There is no evidence Chandarana violated Standard Ⅶ(B)-Reference to CFA Institute, the CFA Designation, and the CFA Program with regard to his being a CFA candidate. Specifically, Chandarana does not overstate his competency or imply he will achieve superior performance as a result of his CFA designation. It does appear, however, Chandarana did not act with integrity when he hid information that could potentially harm his new employer's reputation, thus violating Standard I(D)-Misconduct and Standard Ⅳ(A)-Loyalty.
CFA Level Ⅰ
"Guidance for Standards I-VII"
Standard VIl(B)-Reference to CFA Institute, the CFA Designation, and the CFA Program, Standard I(D)-Professionalism, Standard IV(A)-Duty to Employers.
2．David Donnigan enrolled to take the Level ⅠI CFA examination in the current year, but
he did not take the exam. Donnigan advid his employer that he pasd Level Ⅱ. Subquently, he registered to take the Level Ⅱ exam the next year. Which CFA Institute Standards of Professional Conduct did Donnigan least likely violate? The standard related to:
A．referencing candidacy in the CFA Program
B．dutyto employer
C．professional misconduct
【答案】A查看答案
【解析】
Becau he registered to take the exam in the next year, Donnigan still qualifies to state he is a candidate in the CFA Program. He would not, however, be authorized to reference that he is a LevelⅢ candidate and, if asked, would need to specifiy that he is a Level Ⅱcandidate.
CFA Level Ⅰ
"Guidance for Standards Ⅰ-Ⅶ,"
CFA Institute Standard Ⅰ(D), Standard Ⅳ(A)
3．lan O'Sullivan, CFA, is the owner and sole employee of two companies, a public relations firm and a financial rearch firm. The public relations firm entered into a contract with Mallory Enterpris to provide public relations rvices, with O'Sullivan receiving 40,000 shares of Mallory stock in payment for his rvices. Over the next 10 days, the public relations firm issued veral press releas that discusd Mallory's excellent growth prospects. O'Sullivan, through his financial rearch firm, also published a rearch report recommending Mallory stock as a "buy." According to the CFA Institute Standards of Professional Conduct, O'Sullivan is most likely required to disclo his ownership of Mallory stock in:
A．the press releas only
B．the rearch report only
C．both the press relea and the rearch report
【答案】C查看答案
【解析】
Members should disclo all matters that reasonably could be expected to impair the member's objectivity as outlined in Standard Ⅰ(B), and Standard Ⅵ(A).
CFA Level Ⅰ
"Guidance for Standards Ⅰ-Ⅶ,"
CFA Institute Standard Ⅰ(B), Standard Ⅵ(A)
4．James Woods, CFA, is a portfolio manager at ABC Securities. Woods has reasonable grounds to believe his colleague, Sandra Clarke, a CFA Level ⅠI candidate, is engaged in
unethical trading activities that may also be in violation of local curities laws. Woods is not Clarke's supervisor, and her activities do not impact Woods or any of the portfolios for which he is responsible. Bad on the Code and Standards, the recommended cour of action is for Woods to:
A．report Sandra Clarke to ABC's trading supervisor or compliance department.
B．not take any action becau he is not directly involved
