CFA Practice Question
Kaden Jones is a supervisor of brokers for PPL Securities. Jones has to travel to various offices around the country and stays at hotels. He inflates the bill to include false expenses when he applies to PPL for reimbursement of travel and lodging expenses. Choose the most appropriate:
A. Jones has violated Standard IV Duties to Employers (A) Loyalty.
B. Jones has violated Standard IV Duties to Employers (C) Responsibilities of Supervisors.
C. Jones has violated Standard I Professionalism (D) Misconduct.
Explanation: Stealing is covered under Misconduct.
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