Free CMT Association CMT-Level-II Exam Dumps Questions & Answers

What position does the MTA take on plagiarism?

• A.  Other analysts work can be copied with permission in advance
• B.  Research reports which are not direct copies but use substantially the same language as other analysts work would be permissible
• C.  If the author of the original work is deceased, this work cannot be copied since permission cannot be obtained
• D.  Analysts can never copy other analysts work

Which of the following is true of volume and open interest?

• A.  Increasing volume and open interest suggest the trend will continue
• B.  Volume is not used in futures, only open interest
• C.  Contract volume and total open interest are used in bonds
• D.  Declining volume and open interest suggest the trend will continue

Standard deviation is:

• A.  A descriptive statistic which defines the central tendency
• B.  An inferential statistic which measures symmetry around the mean
• C.  The square root of the variance
• D.  The covariance of two securities

Which of the following is a true statement according to Elliott Wave Theory?

• A.  Waves can be expanded into longer waves and subdivided into shorter waves
• B.  The Pythagorean theorem is the mathematical basis for Elliott Wave Theory
• C.  Triangles are usually second waves preceding a longer third wave
• D.  In the stock market, wave 5 is the most common to extend

_______________ as a risk measure results in an estimation of a price move in either direction.

• A.  Standard deviation
• B.  Plurality index
• C.  Implied volatility
• D.  Put/ call parity