ESG-Investing 無料問題集「CFA Institute Certificate in ESG Investing」

（A）is usually higher than overall materiality

（B）is set lower when financial controls are strong.

（C）can indicate the auditor's level of trust in a company's financial systems.

（A）Both a credit strength and an ESG strength.

（B）A credit strength only.

（C）An ESG strength only.

（A）the same as the correlation between credit ratings of issuers by different credit rating providers.

（B）higher than the correlation between credit ratings of issuers by different credit rating providers.

（C）lower than the correlation between credit ratings of issuers by different credit rating providers.

（A）Survey results on employee satisfaction provided by Glassdoor.

（B）A transcript of an interview with a company's chief financial officer (CFO).

（C）Bloomberg ESG Disclosure Score.

（A）both data based and rating based

（B）rating based, but not data based.

（C）data based, but not rating based

（A）ESG disclosure requirements from different regulators are aligned.

（B）Expected materiality thresholds for ESG disclosures vary across investors.

（C）ESG disclosures are uniform across asset classes.

（A）Scope 1 emissions.

（B）Scope 2 emissions.

（C）Scope 3 emissions.

（A）Invests only in companies with a positive environmental impact

（B）Involves publicly traded firms exiting polluting businesses by sales to third parties

（C）Screens out fossil fuels from portfolios

（A）Climate Disclosure Standards Board (CDSB)

（B）Global Sustainable Investment Alliance (GSIA)

（C）Principles for Sustainable Insurance (PSI)

（A）Data variability between companies

（B）Data disclosure

（C）Data variability between countries

（A）high risk exposure to this factor in the short run.

（B）medium risk exposure to this factor in the short run.

（C）With reference to data security and customer privacy issues a technology company in the research and development stage with no commercially marketed products is most likely to have:

（A）An electronics manufacturer retaining more employees after improving working conditions

（B）A farmer paying taxes based on the level of soil degradation on its farmland

（C）A car manufacturer receiving subsidies for electric car production

（A）likelihood only.

（B）magnitude of impact only.

（C）both likelihood and magnitude of impact.

（A）Comprises both voluntary and regulated aspects.

（B）Is based on a rigorous scientific process.

（C）Is very transparent.

（A）No

（B）Yes, it will increase tracking error

（C）Yes, it will reduce tracking error

（A）Company-focused engagement

（B）Issued-based engagement

（C）Bottom-up engagement

（A）Industry level only.

（B）Both issuer level and industry level.

（C）Issuer level only.

（A）ESG implementation and reporting guidelines

（B）A "comply or explain" ESG regulation

（C）Voluntary ESG corporate disclosures

（A）A region transitioning to a smaller public sector workforce funds outplacement programs for displaced office workers

（B）A region transitioning to solar power subsidizes businesses to install solar arrays

（C）A region transitioning away from iron ore mining helps displaced miners to work in the safe decommission of abandoned mines