30/2015 910,000 ... QUESTION #1 OF 6 CONSIDERING ONLY THE TABLE HEAD...

9/ - Q A SCHWESER SELF TEST 10 GLOBAL INVESTMENT PERFORMANCE STANDARDS QUESTION 9/ - Q A SCHWESER SELF TEST 10 GLOBAL INVESTMENT PERFORMANCE STANDARDS QUESTION 9/ - Q A SCHWESER SELF TEST 10 GLOBAL INVESTMENT PERFORMANCE STANDARDS QUESTION
Q A SCHWESER SELF TEST 10 GLOBAL INVESTMENT PERFORMANCE STANDARDS QUESTION

9/30/2015 910,000

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Question #1 of 6

Considering only the table headings (consider only what is presented and do not comment on any missing information), Falcon's presentation: A) should list composite assets as a percent of total firm assets to be in compliance with GIPS standards. B) is in compliance with GIPS standards. C) should list the returns net of management fees to be in compliance with GIPS standards.

Question #2 of 6

Regarding the valuation of portfolios in Falcon's presentation: A) the valuation method used for international and junk bonds is not in compliance with GIPS B) it is in compliance with GIPS standards. C) the valuation method used for the junk bonds is in compliance with GIPS standards but for international bonds is not in compliance with GIPS standards.

Question #3 of 6

The handling of returns for terminated portfolios in the Falcon Global Fixed-Income Composite is: A) in compliance with GIPS standards. B) not in compliance with GIPS standards because the partial-year returns for terminated portfolios should not be annualized, and the historical record for terminated portfolios should be dropped. C) not in compliance with GIPS standards because the partial-year returns for terminated portfolios should not be annualized.

Question #4 of 6

To be in compliance, the table must also include standard deviation of returns for the composite and benchmark based on: A) 10 years of annual data. B) 36 months of data. C) since inception years of data.

Question #5 of 6

Regarding the information presented on the benchmark used for comparison and the composite creation date: A) the benchmark description and composite creation date are not in compliance. B) the benchmark description is not and composite creation date is in compliance. C) the benchmark description and composite creation date are both in compliance

Question #6 of 6

If the monthly returns of the Sims portfolio in July and August are 7.50% and -13.39%, the GIPS-compliant return for the quarter is closest to: A) -13.4%. B) 12.6%. C) 60.5%.