2020年CFA考試《CFA三級(jí)》考試共題，分為。小編為您整理Performance Evaluation5道練習(xí)題，附答案解析，供您備考練習(xí)。

1、【單選題】

A.The treatment is consistent with GIPS requirements.

B.

C.

正確答案:C

答案解析:From their description, it is apparent that frontier markets have fundamentally different investment characteristics than 

2、What are the GIPS requirements for the Cypress University portfolio in the Global Equity Growth composite of Nigel 【單選題】

A.

B.

C.

正確答案:A

答案解析:The Cypress University portfolio is still a discretionary portfolio (i.e., the ethical investing restriction does not limit the ability 

3、【單選題】

A.Type I error.

B.Type II error.

C.No error was made.

正確答案:B

答案解析:B is correct. Tarler was fired for underperformance but actually had outperformed the benchmark, and a Type II 

4、With respect to the relative merits of internal dispersion measures, Walter is least likely correct about:【單選題】

A.high–low range.

B.standard deviation.

C.interquartile range.

正確答案:C

答案解析:Walter is correct about the high–low range, which is skewed by outliers. He is also correct that the standard deviation allows for comparability across investment firms. He is incorrect, however, about the interquartile range. Because this measure includes only the middle 50% of portfolio returns, thus excluding extreme observations, it is not affected by outliers.

5、In the discussion of the GIPS Advertising Guidelines, Ng is most likely correct in her statement regarding the disclosure of:【單選題】

A.number of accounts in the composite.

B.composite description.

C.firm description.

正確答案:C

答案解析:The firm description must always be presented in GIPS compliant advertisements. The number of accounts in the composite need not be disclosed in advertisements, and only advertisements that include performance information must disclose the composite and benchmark descriptions.