CFA's

question 21

Multiple Choice

CFA's

• A) must live and work in the U.S.A.
• B) can achieve this designation in one calendar year.
• C) must pass three six-hour exams.
• D) must take 60 hours of seminars per year to maintain their license.

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Definitions:

Productivity

A measure of efficiency, often quantified as the ratio of outputs to inputs in the production process.

Efficiency

The ratio of the useful output produced by a system to the input provided, measuring the system's ability to optimize resources.

Employees' Rewards

The various forms of compensation, benefits, and recognition provided to employees for their contributions to the organization.

Financial Performance

A measure of how well a company can use assets from its primary mode of business to generate revenues.