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Basic Question 0 of 18

The actual information ratios, after uncertainty of skill is accounted for, are ______ predicted by an objective application of the original form of the fundamental law.

A. substantially lower than
B. on average about the same as those
C. substantially higher than

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I was very pleased with your notes and question bank. I especially like the mock exams because it helped to pull everything together.
Martin Rockenfeldt

Martin Rockenfeldt

Learning Outcome Statements

evaluate practices, policies, and conduct relative to the CFA Institute Code of Ethics and Standards of Professional Conduct;

explain how the practices, policies, and conduct do or do not violate the CFA Institute Code of Ethics and Standards of Professional Conduct.

CFA® 2025 Level II Curriculum, Volume 6, Module 45.