CFA Institute Standards and Competency Quiz
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Questions and Answers

What does the CFA Institute do?

  • Provide medical training for healthcare professionals
  • Conduct rigorous examinations for investment professionals (correct)
  • Manage professional sports teams
  • Offer legal advice to financial institutions

How does the CFA Institute update its knowledge base?

  • By conducting political surveys
  • Through practice analysis (correct)
  • By organizing fashion shows
  • By hosting cooking classes

What does the CFA Program ensure for candidates?

  • Mastery of culinary arts
  • Mastery of gardening techniques
  • Mastery of musical instruments
  • Mastery of core knowledge, skills, and abilities (correct)

How does the CFA Institute contribute to the dissemination of new research and ideas in finance?

<p>Through publications like the Financial Analysts Journal (C)</p> Signup and view all the answers

What must charterholders and CFA Program candidates adhere to?

<p>The Code and Standards (D)</p> Signup and view all the answers

What does the CFA Institute encourage charterholders to do?

<p>Engage in their professional communities (B)</p> Signup and view all the answers

What do local societies provide for charterholders?

<p>Continuing education programs and events (D)</p> Signup and view all the answers

What does the CFA Institute do to ensure the relevance of the investment management profession's knowledge?

<p>Updates its Global Body of Investment Knowledge (GBIK) and Candidate Body of Knowledge (CBOK) through practice analysis (B)</p> Signup and view all the answers

What is a requirement for charterholders and CFA Program candidates?

<p>Adhere to the Code and Standards and sign a statement annually attesting to continued adherence (C)</p> Signup and view all the answers

How does the CFA Institute contribute to the dissemination of new research and ideas in finance?

<p>Through publications like the Financial Analysts Journal, CFA Institute Research Foundation books, research briefs, reviews, and CFA Institute Magazine (C)</p> Signup and view all the answers

What does the CFA Program ensure about its candidates?

<p>They have mastered core knowledge, skills, and abilities (A)</p> Signup and view all the answers

What does the CFA Institute encourage charterholders to do?

<p>Engage in their professional communities and involve them in its initiatives (D)</p> Signup and view all the answers

What does the CFA Institute update through practice analysis?

<p>Global Body of Investment Knowledge (GBIK) and Candidate Body of Knowledge (CBOK) (A)</p> Signup and view all the answers

What do local societies provide for charterholders?

<p>Continuing education programs and events (C)</p> Signup and view all the answers

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