Free Access CFA.CFA-Level-I.v2023-07-10.q797 Practice Test (Page 97)

Question 476

The World Bank uses ______ for industry classification.

A.International Standard Industrial Classification of All Economic Activities (ISIC).

B.North American Industry Classification System.

C.Global Industry Classification Standard.

Question 477

Operating profit is equal to ________.

A.net sales minus cost of goods sold.

B.gross profit minus selling and administrative expenses.

C.earnings before income taxes.

Question 478

The last day that the buyer of the share will receive the dividend is:

A.the last business day before the holder-of record date.

B.the last business day before the ex-dividend date.

C.the ex-dividend date.

Question 479

Which of the following is NOT a reason for sampling the population?

A.Inferences from a sample are the same that would be obtained by studying the entire population.

B.Some tests are destructive in nature and hence, should be carried out only on small samples.

C.It is almost impossible to work with the entire population in most cases.

Question 480

A dormitory on campus houses 200 students. 120 are male, 50 are upper division students, and 40 are upper division male students. A student is selected at random. The probability of selecting a lower division student, given the student is a female, is:

A.2/5

B.7/8

C.7/20

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Question 476

Question 477

Question 478

Question 479

Question 480

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