"morality" exercise:Standards of Professional Conduct of the CFA Association

来源: 正保会计网校编辑：小鞠橘桔 2020/11/27 09:29:27　字体：大小

学习是一个不断积累的过程，每天学习一点，每天进步一点！为了帮助大家更高效地备考2021年CFA考试，正保会计网校每日为大家上新CFA习题供大家练习。让网校与您一起高效备考2021年CFA考试，梦想成真！

Questions 1:

At the conclusion of the afternoon section of the Level I CFA examination, the exam proctor instructs all candidates to stop writing and put their pencils down immediately. Krishna Chowdary sees other candidates in front of him continue to fill in their answer sheets. Chowdary has two questions left to complete so he randomly fills in one of the ovals on his answer sheet before putting his pencil down on the table. Did Chowdary’s actions most likely violate the CFA Institute Code of Ethics and Standards of Professional Conduct?

A 、Yes.

B 、No, because other candidates continued writing.

C 、No, because he randomly answered one q

Questions 2:

Upon receiving notification that he passed his Level III CFA exam, Paulo Garcia updates his educational background on his social media site by adding “completed the CFA course.” Does Garcia most likely violate the CFA Institute Standards of Professional Conduct?

A、 No.

B、 Yes, because it could imply he has obtained the charter.

C、 Yes, because he doesn’t describe the certification process.

View answer resolution

【Answer to question 1】A

【analysis】

A is correct because by completing a question on his examination after time was called, Chowdary violated Standard VII(A)–Conduct as Members and Candidates in the CFA Program. By continuing to write, Chowdary took advantage of other candidates, and his conduct compromised the validity of his exam performance.

B is incorrect because Chowdary violated Standard VII(A) by working on his examination after time was called.

C is incorrect because Chowdary violated Standard VII(A) by working on his examination after time was called.

【Answer to question 2】B

【analysis】

B is correct because Standard VII(B)–Reference to CFA Institute, the CFA Designation, and the CFA Program forbids candidates to imply that they have a partial designation or cite an expected completion date of any level of the CFA Program. Final award of the Charter is subject to meeting the CFA Program requirements and approval by the CFA Institute Board of Governors. Garcia should state, “passed Level III CFA exam” or “passed all three levels of the CFA exams”. By stating that he “passed the CFA Course” it could be taken to mean he obtained his Charter, which is incorrect.

A is incorrect because Garcia violates Standard VII(B)–by implying he has obtained the CFA Charter, when he has not.

C is incorrect because describing the process is not required by the Standards.

成功=时间+方法，自制力是这个等式的保障。世上无天才，高手都是来自刻苦的练习。而人们经常只看到“牛人”闪耀的成绩，其成绩背后无比寂寞的勤奋。小编相信，每天都在勤奋练习，即使是一点点的进步，大家一定可以成为人人称赞的“牛人”。更多CFA考试资讯，点击了解>

上一篇："morality" exercise:American Financial A...

下一篇："morality" exercise:Conduct as Participa...