KAPLAN SCHWESER CFA LEVEL – QUESTION BANK TABLE OF CONTENT READING 1: ETHICS AND TRUST IN THE INVESTMENT PROFESSION READING 2: CODE OF ETHICS AND STANDARDS OF PROFESSIONAL CONDUCT READING 3.1: GUIDANCE FOR STANDARDS I(A) AND I(B) 12 READING 3.2: GUIDANCE FOR STANDARDS I(C) AND I(D) 26 READING 3.3: GUIDANCE FOR STANDARDS II 35 READING 3.4: GUIDANCE FOR STANDARDS III (A) AND III(B) 50 READING 3.5: GUIDANCE FOR STANDARDS III(C), III(D) AND III(E) 63 READING 3.6: GUIDANCE FOR STANDARDS IV 74 READING 3.7: GUIDANCE FOR STANDARDS V 95 READING 3.8: GUIDANCE FOR STANDARDS VI 112 READING 3.9: GUIDANCE FOR STANDARDS VII 128 READING 4: INTRODUCTION TO THE GLOBAL INVESTMENT PERFORMANCE STANDARDS 137 READING 5: THE GIPS STANDARDS 142 READING 6: THE TIME VALUE OF MONEY 148 READING 7: DISCOUNTED CASH FLOW APPLICATIONS 170 READING 8: STATISCAL CONCEPTS AND MARKET RETURNS 190 READING 9: PROBABILITY CONCEPTS 224 READING 10: COMMON PROBABILITY DISTRIBUTIONS 257 READING 11: SAMPLING AND ESTIMATION 284 READING 12: HYPOTHEIS TESTING 310 READING 13: TECHNICAL ANALYSIS 337 READING 14: TOPICS IN DEMAND AND SUPPLY ANALYSIS 344 READING 15: THE FIRM AND MARKET STRUCTURE 355 READING 16: THE AGGREGATE OUTPUT, PRICES AND ECONOMIC GROWTH 384 READING 17: UNDERTANDING THE BUSINESS CYCLES 396 READING 18: MONETARY AND FISCAL POLICY 407 READING 19: INTERNATIONAL TRADE AND CAPITAL FLOWS 429 READING 20: CURRENCY EXCHANGE RATES 444 READING 21: FINANCIAL STATEMENT ANALYSIS – AN INTRODUCTION 455 READING 22: FINANCIAL REPORTING STANDARDS 461 READING 23: UNDERSTANING INCOME STATEMENTS 468 READING 24: UNDERSTANDING BALANCE SHEETS 523 READING 25: UNDERSTANDING CASH FLOW STATEMENTS 537 READING 26: FINANCIAL ANALYSIS TECHNIQUES 571 READING 27: INVENTORIES 612 READING 28: LONG-LIVED ASSETS 639 REAEDING 29: INCOME TAXES 656 READING 30: NON-CURRENT (LONG-TERM) LIABILITIES 676 READING 31: FINANCIAL REPORTING QUALITY 692 READING 32: FINANCIAL STATEMENT ANAALYSIS – APPLICATIONS 698 READING 33: CORPORATE GOVERNANCE AND ESG – AN INTRODUCTION 708 READING 34: CAPITAL BUDGETING 714 READING 35: COST OF CAPITAL 731 READING 36: MEASURES OF LEVERAGE 760 READING 37: WORKING CAPITAL MANAGEMENT 771 READING 38: PORTFOLIO MANAGEMENT – AN OVERVIEW 783 READING 39: PORTFOLIO RISK AND RETURN PART I 788 READING 40: PORTFOLIO RISK AND RETURN PART II 808 READING 1: ETHICS AND TRUST IN THE INVESTMENT PROFESSION 01234567ÿ9 ÿ6ÿ ÿÿÿÿÿÿÿÿ !ÿ ÿ" #$ÿÿÿÿ% &$'ÿÿÿÿÿÿÿ ÿ % ($ÿÿÿÿÿ)ÿÿÿÿ % 01234567ÿ9*ÿ6ÿ +ÿÿÿÿÿ,'ÿÿÿÿÿÿÿ'-ÿ ÿÿÿ" #$'ÿ'ÿ'.,ÿÿÿ'% &$'ÿ'ÿ.,ÿÿÿ'% ($ÿÿÿÿ'ÿÿÿ'% 01234567ÿ9/ÿ6ÿ 0ÿÿ'ÿÿÿ'!ÿ,ÿ" #$ÿ!ÿÿÿ!ÿÿ% &$)ÿ,ÿÿÿ' ÿÿ'ÿ)ÿÿ ,ÿ,)% ($ )ÿÿ',ÿÿÿ)'ÿÿÿ1 ÿÿÿ' ÿÿ% 01234567ÿ92ÿ6ÿ 3ÿÿÿ,)ÿÿÿ!ÿÿÿ" #$'ÿ4'% &$ÿ)% ($5'ÿ% 01234567ÿ96ÿ6ÿ 7ÿÿ!ÿÿ" #$ÿ8ÿ,ÿ,'ÿÿÿÿ,)% &$ÿÿÿ'ÿ,)% / 825 01234ÿ62789ÿ ÿ 3874ÿ,ÿ97 ÿ-./01ÿ2 4 4 427 7323 41 4 4 4272ÿ ÿ44 5 ÿ 4ÿ3 ÿ 364 32 ÿ 4427 61 32ÿ263 732ÿ32ÿ 2744ÿ24 7427ÿ 37 01 4 ... 257 READING 11 : SAMPLING AND ESTIMATION 284 READING 12 : HYPOTHEIS TESTING 310 READING 13 : TECHNICAL ANALYSIS 337 READING 14 : TOPICS IN DEMAND... 11 2 READING 3.9: GUIDANCE FOR STANDARDS VII 12 8 READING 4: INTRODUCTION TO THE GLOBAL INVESTMENT PERFORMANCE STANDARDS 13 7 READING 5: THE GIPS STANDARDS 14 2... ' / 825 012 34ÿ6472ÿ8924 4727ÿ ÿ 4 64 7ÿ9ÿ98247 1 424ÿ4ÿ729 7 1 ÿ4ÿ ÿ42387 ÿ!!ÿ"ÿ!# $ÿ4ÿ ÿ42387% 017 3&ÿ92ÿ64ÿ&74ÿ ÿ '4289ÿ& 747 1 (ÿ64ÿ &47)674ÿ