1、Which of the following is NOT a recommended procedure for complying with theStandards of Professional

Conduct relating to priority of transactions?【單選題】

A.Limit participation in equity IPOs.

B.Establish blackout or restricted periods.

C.DIsdose all personal securities holding to public.

正確答案:C

答案解析:向公眾公開(kāi)所有個(gè)人的證券持股情況并不是推薦的做法，嚴(yán)格限制個(gè)人參與私募和股票的IPO都是推薦的做法。另外，應(yīng)該在給客戶(hù)交易之前建立交易限制時(shí)期，這樣基金經(jīng)理不能提前于客戶(hù)交易。

2、With respect to long-lived assets, which of the following statements is least accurate?The cost model for

long-lived assets:【單選題】

A.must be used under U.S.GAAP.

B.must be used for all classes of intangible assets under IFRS.

Cmay be used for some classes of assets while the revaluation model may be used for other classes under

IFRS.

正確答案:B

答案解析：IFRS允許企業(yè)既可以使用成本模型(cost model),也可以使用重估模型(revaluationmodel)。成本模型使用歷史成本減去累計(jì)折舊或攤銷(xiāo)。重估模型使用公允價(jià)值。相對(duì)地,U.S.GAAP要求采用成本模型。

同時(shí)，IFRS允許公司對(duì)于一些資產(chǎn)類(lèi)別使用成本模型，對(duì)于另外一些資產(chǎn)類(lèi)別使用重估模型，但是公司必須對(duì)于四分類(lèi)的資產(chǎn)類(lèi)別應(yīng)用同樣的模型，并且必須重新評(píng)估所有在已經(jīng)分類(lèi)的資產(chǎn)類(lèi)別中的項(xiàng)目，以避免選擇性的重新估值。


3、Participating preference shares are least likely to entitle the shareholders to participate in:【單選題】

A.addltlonal distribution of the company's assets upon liquidation.

B.corporate decisions through voting rights.

C.additional dividends if the company's profits exceed a predetermined level.

正確答案:B

答案解析:Participating preference shares do not entitle the shareholders to participate In corporate

Decision sthrough voting rights. But they do entitle them to (1) an additional dividend if the company's proflts exceed a prespecified level and (2) additional distribution of the company's assets upon liquidation,above the par.Section 3.2

CFA知識(shí)學(xué)習(xí)是長(zhǎng)期的事情，但是堅(jiān)持CFA考試是每一位學(xué)員應(yīng)該做到的。通過(guò)CFA考試掌握更多的金融知識(shí)，讓自己變成富有的人。更多CFA備考知識(shí)、資料領(lǐng)取及學(xué)習(xí)答疑的事情，學(xué)員可以在線(xiàn)咨詢(xún)老師。