- CFA Exams
- CFA Level I Exam
- Topic 9. Portfolio Management
- Learning Module 4. Basics of Portfolio Planning and Construction
- Subject 2. Investment Risk and Return Objectives, and Risk Tolerance
CFA Practice Question
Risk attitude can be affected by ______.
II. investment time horizon
III. net wealth
IV. level of financial knowledge
I. psychological factors
II. investment time horizon
III. net wealth
IV. level of financial knowledge
Correct Answer: I and IV
II and IV are objective factors that affect the ability to accept risk.
User Contributed Comments 3
| User | Comment |
|---|---|
| ybavly | they mean II and III affect the ability to accept risk |
| maryprz14 | I hate chapters like this... too many interpretations. |
| khalifa92 | likewise here, if I knew risk attitude is exactly risk willingness ... |