- CFA Exams
- CFA Level I Exam
- Topic 10. Ethical and Professional Standards
- Learning Module 3. Guidance for Standards I-VII
- Subject 16. Standard V (B) Communication with Clients and Prospective Clients
CFA Practice Question
Standard V (B) states the following: "Members shall: Use reasonable judgment regarding the inclusion or exclusion of relevant factors in research reports." Which of the following are included under the definition of "report"?
II. a telephone communication
III. a media broadcast
IV. an e-mail message
I. a written report
II. a telephone communication
III. a media broadcast
IV. an e-mail message
Correct Answer: All of the above
The term "report" is not confined to a written report, but includes a report via any means of communication (e.g., telephone communication, media broadcast, e-mail message).
User Contributed Comments 1
User | Comment |
---|---|
mrushdi | also can be formal or informal. |