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

question 73

Multiple Choice

The execution 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:

Mental Categories

Conceptual classifications or groupings of objects, events, or individuals based on common features or properties.

Common Characteristics

refer to traits or features that are shared among individuals within a group, distinguishing them as part of the same category or type.

Language

Language refers to a system of communication that involves the use of words, gestures, or symbols, shared among a community to convey messages and meaning.

Thought

The process of considering, reasoning, or contemplating something.