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Exam Code: GLO_AFA_LVL_1
Exam Name: Accredited Financial Analyst (AFA) Certification Examination
Vendor: AAFM

60 Questions & Answers
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NEW QUESTION: 1

A. Option A
B. Option C
C. Option B
D. Option D
Answer: A,B

NEW QUESTION: 2
Benita is a 45-year-old patient who was admitted with a diagnosis of chronic obstructive pulmonary
disease as a result of cigarette smoking. Before the discharge, the nurse is planning to check the patient's
readiness to stop smoking. It is evident that the patient is ready to quit smoking when she states:
A. "I will cut it to a half pack per day."
B. "I will quit the only method of relaxation that I have."
C. "It would be easy since I don't drink when I smoke."
D. "I will just consume what I bought last month."
Answer: A
Explanation:
It is evident that the patient is ready to quit smoking when she states, "I will cut it to a half
pack per day." This is a very good positive step in reducing smoking; it is the first step in quitting smoking.
The patient has to be followed up with, as consistent follow up has been shown to be beneficial to helping
people quit smoking.

NEW QUESTION: 3
A product costs USD10 when purchased in the USA. The same product costs USD12 when it is purchased in the UK and the price in GBP is convened to USD.
Which of the following statement concerning purchasing power parity is correct?
A. Economic forces will bring the prices in the USA and UK into line.
B. This type of price deferential is a reliable baas for predicting currency movements
C. Economic forces should eliminate the price difference. but there could be market imperfections that permit it to persist.
D. The exchange rate between the USD and GBP will change so that tie price differential on this product (and at other products) is eliminated.
Answer: C


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