CFA Practice Question

There are 361 practice questions for this study session.

CFA Practice Question

Which of the following is most likely incorrect?
A. Processing and executing orders on a first-in, first-out basis is recommended for compliance with Standard III (B) Fair Dealing.
B. Processing and executing orders on a first-in, first-out basis is recommended for compliance with Standard IV (C) Responsibilities of Supervisors.
C. Giving all client accounts participating in a block trade the same execution price and charging the same commission is recommended for compliance with Standard III (B) Fair Dealing.
Explanation: Processing and executing orders on a first-in, first-out basis is required by Fair Dealing rather than by Responsibilities of Supervisors.

User Contributed Comments 2

User Comment
davcer most likely incorrect!! read carefully
farhan92 -.- ffs!
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