The Planning Phase of the CFA Institute's Investment Management Process

question 61

Multiple Choice

The planning phase of the CFA Institute's investment management process

• A) uses data about the client and capital market.
• B) uses details of optimal asset allocation and security selection.
• C) uses changes in expectations and objectives.
• D) All of the options are correct.
• E) None of the options are correct.

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Definitions:

Environment

The surrounding conditions and influences affecting the growth or development of living organisms.

Simultaneous Experience

Experiencing two or more sensory inputs or cognitive processes at the same time.

Learning Occur

The process of acquiring new understanding, knowledge, behaviors, skills, values, attitudes, and preferences.

Guthrie

Refers to Edwin Ray Guthrie, a psychologist known for his "one trial learning" theory, emphasizing the importance of contiguity in learning.