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CFA Level 1
Browse practice questions
Question
Category
Subcategory
Difficulty
Understanding Compliance with GIPS
Global Investment Performance Standards
Compliance
Very Easy
Identifying Line Items in Income Stateme ...
Financial Statements
Income Statement
Very Easy
Understanding Yield to Maturity in Disco ...
Fixed Income Valuation
Yield Measures
Very Hard
Ethical Duty Regarding Compensation Disc ...
CFA Institute Code and Standards
Employer Duties - Compensation
Very Hard
Critical Component of an IPS for Risk-Av ...
Investment Policy and Allocation
Investment Policy Statement
Very Hard
Understanding GDP as an Economic Indicat ...
Macroeconomics
GDP and Growth
Very Easy
Impact of Interest Rate Changes on Bond ...
Fixed Income Valuation
Duration and Convexity
Very Hard
Probability of Sum of Two Rolls Less tha ...
Probability Concepts
Basic Probability Principles
Medium
Calculating Total Equity from Balance Sh ...
Financial Statements
Balance Sheet
Hard
Effects of Expansionary Monetary Policy
Macroeconomics
Monetary and Fiscal Policy
Hard
Intrinsic Value Calculation using FCF Mo ...
Equity Valuation Techniques
Free Cash Flow Models
Very Hard
Characteristics of Cumulative Preferred ...
Equity Markets and Instruments
Preferred Shares
Very Easy
Revenue Recognition: IFRS vs. GAAP
Financial Reporting Standards
Comparison of IFRS and GAAP
Easy
Probability of Drawing a Blue Ball
Probability Concepts
Basic Probability Principles
Easy
Overview of GIPS
Global Investment Performance Standards
Overview of GIPS
Very Easy
Economic Growth and GDP Comparison Analy ...
Macroeconomics
GDP and Growth
Medium
Comparison of Duration and Convexity in ...
Fixed Income Valuation
Duration and Convexity
Very Hard
Demand for Bonds in Declining Interest R ...
Fixed Income Securities
Bond Markets
Hard
Handling Nonpublic Information Responsib ...
CFA Institute Code and Standards
Integrity - Nonpublic Info
Easy
Key Factor in Private Equity Due Diligen ...
Alternative Investment Evaluation
Due Diligence
Medium
Ethical Use of Nonpublic Information in ...
CFA Institute Code and Standards
Integrity - Nonpublic Info
Very Easy
Understanding Key Concepts of GIPS
Global Investment Performance Standards
Key Concepts
Easy
Characteristics of Common Shares
Equity Markets and Instruments
Common Shares
Very Easy
Fair Dealing in Client Portfolio Allocat ...
CFA Institute Code and Standards
Duties - Fair Dealing
Hard
Conflict of Interest Disclosure Scenario
CFA Institute Code and Standards
Conflicts - Disclosure
Medium
Present Value of a Bond Using DCF
Fixed Income Valuation
Discounted Cash Flow
Hard
Accounts Receivable Reduction Calculatio ...
Working Capital Management
Accounts Receivable Management
Medium
Understanding the Statement of Changes i ...
Financial Statements
Statement of Changes in Equity
Very Easy
Degree of Operating Leverage Calculation
Measures of Leverage
Operating Leverage
Hard
Intrinsic Value Calculation Using Residu ...
Equity Valuation Techniques
Residual Income Models
Medium
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