CFA Practice Question

There are 291 practice questions for this study session.

CFA Practice Question

In terms of CFA Institute's Standards of Professional Conduct when dealing with the procedures for compliance per Standard I. B (Independence and Objectivity), which of the following are factors that would aid in complying with this Standard?

Analysts should:

I. Protect the integrity of their opinions.
II. Disclose all corporate relationships.
III. Disclose personal holdings.
IV. Never deal with family members.
A. I and II
B. I, II and III
C. II, III and IV
Explanation: The following are considered good procedures to assist in complying with Standard I. B (Independence and Objectivity):
  • Protect the integrity of their opinions.
  • Disclose all corporate relationships.

User Contributed Comments 7

User Comment
danlan III is not needed
mtcfa III relates more to Standard VIA: Disclosure of Conflicts.
clama I agree. Nowhere does it say under Standard I(B) that personal holdings must be disclosed ....
achu You don't GENERALLY need to disclose personal holdings - but if you covered a stock which you own , in that specific case then you would make a disclosure.
DashingDude I agree with achu
richmondo I couldnt remember this - I mistakenly said i ii and iii.
sh21 these questions are gross! and i am still on the first one!
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