CFA Practice Question

There are 361 practice questions for this study session.

Regarding competence, investment professionals are expected to ______.

A. maintain and improve competence
B. maintain minimum standards
C. exercise independent judgment
Correct Answer: A

User Contributed Comments 14

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Haiqing

easy question. don't loose

Yuliya

it's so easy that you start to look for something beyond obvious

biya

its an easy question but good for practice

mpoki

It is very good question and the professional one.It build up the professionals

allaouddinali

its quite easy; even u can judge its answer by ur common sence.

thobong

Nothing is easy if you haven't learnt of it in some way. Study hard!

challenger24

nice and easy that one

TUFF

easy but tricky.

urbanangle

remember: maintain and improve C

viannie

I got tricked .... competence has nothing to do with independent judgement!

razintaz

easy!!

Jurrens

kind of an ironic question for those that guessed wrong...

ankurwa10

I think it is by and large intuitive. Ofcourse, for specific COE and SPC, specific conducts may relate to them. But most of the COE and SPC are intuitive, as they describe 'normative' behaviour and therefore, should be what can be considered reasonable. There are exceptions though.

japheth

straight forward question.