CFA Practice Question

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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"?

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.
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