FreeQAs
 Request Exam  Contact
  • Home
  • View All Exams
  • New QA's
  • Upload
PRACTICE EXAMS:
  • Oracle
  • Fortinet
  • Juniper
  • Microsoft
  • Cisco
  • Citrix
  • CompTIA
  • VMware
  • ISC
  • SAP
  • EMC
  • PMI
  • HP
  • Salesforce
  • Other
  • Oracle
    Oracle
  • Fortinet
    Fortinet
  • Juniper
    Juniper
  • Microsoft
    Microsoft
  • Cisco
    Cisco
  • Citrix
    Citrix
  • CompTIA
    CompTIA
  • VMware
    VMware
  • ISC
    ISC
  • SAP
    SAP
  • EMC
    EMC
  • PMI
    PMI
  • HP
    HP
  • Salesforce
    Salesforce
  1. Home
  2. CFA Certification
  3. CFA-Level-I Exam
  4. CFA.CFA-Level-I.v2024-01-19.q367 Dumps
  • ««
  • «
  • …
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • …
  • »
  • »»
Download Now

Question 176

Which of the following is not a correct statement concerning the creation and maintenance of composites under GIPS?

Correct Answer: B
Performance can be quoted before or after management fees, as long as the method is disclosed.
insert code

Question 177

Which of the following assumptions does the Gordon growth dividend discount model require?
I). Dividends grow at a constant rate.
II). The dividend growth rate continues indefinitely.
III). The required rate of return is less than the dividend growth rate.

Correct Answer: B
insert code

Question 178

Which of the following statement(s) is/are true?
I). The Accumulated Depreciation account has a credit balance and is increased by the year-end adjusting entry for depreciation.
II). For most companies, adjusting entries are made on a yearly basis.
III). An end-of-period journal entry in which the Office Supplies Expense account is debited and the Office Supplies account is credited is an example of an adjusting entry.
IV). Adjusting entries may involve recording expenses before they are due to be paid.

Correct Answer: B
II). For most companies, adjusting entries are made on a monthly basis. Monthly adjustments provide a more accurate presentation of interim (monthly) statements.
III). Adjusting entries are made at the end of the accounting period for the purpose of recognizing revenue and expenses that are not properly measured as a result of journalizing transactions as they occur.
IV). For example, accruing unpaid wages at the end of the accounting period assigns the wages to current time period even though they will be paid in the subsequent time period.
insert code

Question 179

The seasonal output of a new experimental strain of pepper plants was carefully weighed. The mean weight per plant is 15.0 pounds, and the standard deviation of the normally distributed weights is 1.75 pounds. Of the 200 plants in the experiment, how many produced peppers weighing between 13 and 16 pounds?

Correct Answer: A
z = (x-u)/o. z = (13 - 15)/1.75 = -1.1429 and z = (16 - 15)/1.75 = 0.5714. The respective
1 2
areas for those z-values are 0.3729 and 0.2157. Since they are on opposite sides of the mean, we add them up to find the area in between which is 0.5886. Therefore, 0.5886*200 = 118.
insert code

Question 180

Details of changes in accounting principles for depreciation are found

Correct Answer: C
The balance sheet accounts are not affected by cumulative effects of accounting changes for depreciation. The balances in the asset and related accumulated depreciation accounts are not affected by the change. Only the amount of the cumulative effect (net of taxes) is found on the income statement. Details are found in the notes to the financial statements.
insert code
  • ««
  • «
  • …
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • …
  • »
  • »»
[×]

Download PDF File

Enter your email address to download CFA.CFA-Level-I.v2024-01-19.q367 Dumps

Email:

FreeQAs

Our website provides the Largest and the most Latest vendors Certification Exam materials around the world.

Using dumps we provide to Pass the Exam, we has the Valid Dumps with passing guranteed just which you need.

  • DMCA
  • About
  • Contact Us
  • Privacy Policy
  • Terms & Conditions
©2026 FreeQAs

www.freeqas.com materials do not contain actual questions and answers from Cisco's certification exams.