Seeing is believing!

Before you order, simply sign up for a free user account and in seconds you'll be experiencing the best in CFA exam preparation.

Basic Question 5 of 7

Ed Yang submits a written request to his employer for permission to do a consulting project for another firm. The work would be done on weekends. After waiting for 3 months for a reply but not receiving one, Yang begins work on the consulting project. Has Yang violated the Standards?

A. No, if the consulting work is not for a competitor of his employer.
B. No.
C. Yes.

User Contributed Comments 0

You need to log in first to add your comment.
I just wanted to share the good news that I passed CFA Level I!!! Thank you for your help - I think the online question bank helped cut the clutter and made a positive difference.
Edward Liu

Edward Liu

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.