CFA Practice Question

There are 361 practice questions for this study session.

CFA Practice Question

In terms of Standards of Professional Conduct when dealing with the procedures for compliance per Standard I (D): Misconduct, which of the following is NOT an effective method for member compliance? Members should encourage their employees to ______.
A. conduct background checks on all employees to ensure that they are of the required quality
B. have a few drinks when entertaining clients
C. take notes that personal misbehavior will not be tolerated
Explanation: The other choices ARE good compliance procedures. B is not a good compliance procedure as encouraging members to drink while entertaining clients encourages bad behavior.

User Contributed Comments 6

User Comment
BryanKec medium question??? is only the exam was like this i'd be golden.
bvides I dont get it!! Why cant we have drinks?
maria15 We can have drinks. But the key word to the question is "encourage."
sevywonder "Listen, man, let's just close the damn deal. There's another round of tequila shots waiting for us in the MD's office."
sunday128 Sevywonder #Reality
nmech1984 NOT an effective method guys.
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