報(bào)名CFA考試你練習(xí)題做了沒有？這段時(shí)間小編沒有更新CFA考試題，今天我們?cè)賮砜磧傻繡FA考試題，對(duì)你報(bào)名CFA考試是有幫助的哦！

1、The Global Investment Performance Standardsleastlikely require:

A．nondiscretionary portfolios to be included incomposites

B．non-fee-paying portfolios to be excluded in thereturns of appropriate composites

C．composites to be defined according to similarinvestment objectives and/or strategies

【答案】A

【解析】

Composites (Standard Ⅳ- Composites) must be defined according to similar investment objectives and/orstrategies. Terminated portfolios must be included in the historical returns ofappropriate composites, and only fee-paying portfolios are to be included incomposites. Non-discrectionary portfolios must not be included in a firm'scomposites.

2、Monte Carlo simulation is best described as:

A．a(chǎn) restrictive form of scenario analysis

B．providing a distribution of possible solutionsto complex functions

C．a(chǎn)n approach to backtest data

【答案】B


【解析】

Monte Carlo simulation provides a distribution of possiblesolutions to complex functions. The central tendency and the variance of thedistribution of solutions give important clues to decision makers regardingexpected results and risk.