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

question 67

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)A, B, and C
• E)none of the above

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Definitions:

Electrical Fire

A type of fire caused by electrical failures or malfunctions, such as faulty wiring, overloaded circuits, or defective electrical devices.

Consideration

An item of worth provided by each party in a contract, motivating them to engage in the deal for the purpose of exchanging reciprocal actions.

Enforce

To enforce adherence to or fulfillment of a regulation, statute, or duty.

Irrevocable Will

is a will that cannot be revoked or altered once it has been finalized, ensuring that the wishes of the deceased are carried out as specified.