Hi guys,
I have just recently started doing the questions after reading the content. I am finding that the solutions section of the CFA text often includes general information that doesn’t really answer the question.
The question I just did then was Study Session 12 Q 5 and says ‘describe Keller’s use of goal based planning to highlight the Morrison’s asset allocation…’ - but then the answer in the solution is 90% just talking about goal based planning as if you were asked ‘what is goal based planning’.
I am not sure if I am just not viewing what they want in our responses correctly, but do you guys think that they expect us to provide broad general information about the topic that they are asking about, and then drill down and relate it to the question, rather than just answer the question straight up?
I haven’t yet looked at the exam questions and answers yet as I am saving them for a little further down the track. Thanks for your thoughts.
I have just recently started doing the questions after reading the content. I am finding that the solutions section of the CFA text often includes general information that doesn’t really answer the question.
The question I just did then was Study Session 12 Q 5 and says ‘describe Keller’s use of goal based planning to highlight the Morrison’s asset allocation…’ - but then the answer in the solution is 90% just talking about goal based planning as if you were asked ‘what is goal based planning’.
I am not sure if I am just not viewing what they want in our responses correctly, but do you guys think that they expect us to provide broad general information about the topic that they are asking about, and then drill down and relate it to the question, rather than just answer the question straight up?
I haven’t yet looked at the exam questions and answers yet as I am saving them for a little further down the track. Thanks for your thoughts.