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Question 1
Sorry, that's incorrect.
The Correct Answer is Becomes intoxicated at lunch prior to making investment decisions.
Which of the following is most likely a violation of the Standard relating to misconduct? A member:
Question 2
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The Correct Answer is Gifts that may be perceived as impairing their decisions.
With respect to the Standard relating to independence and objectivity, members are most likely prohibited from accepting:
Question 3
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The Correct Answer is Maximize the value of the client's portfolio within its stated objectives.
Best execution is most accurately described as a trading process that seeks to:
Question 4
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The Correct Answer is Contact clients after leaving but not take any records from the employer.
A member is preparing to leave his employer to start a new, competing company. There is no non-compete agreement between the member and the employer. According to the Standards, the member may:
Question 5
Sorry, that's incorrect.
The Correct Answer is Restrict the value of gifts based on local or regional customs.

Which of the following is among the recommended procedures for compliance with the Standard relating to independence and objectivity?

Question 6
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The Correct Answer is Are the property of her old firm and cannot be taken without permission.

Which of the following statements is most accurate? If a member leaves a firm to join a competitor, all of her written reports and analyses:

Question 7
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The Correct Answer is Tickets to a concert from a broker in exchange for directed trades.

Even if disclosed, a member will most likely violate the CFA Institute Standards of Professional Conduct (the Standards) by accepting:

Question 8
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The Correct Answer is Client relationship ends.

According to the CFA Institute Standards of Professional Conduct (the Standards), members are most likely required to keep client information confidential even if the:

Question 9
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The Correct Answer is Member's supervisor.

A member has reasonable grounds to believe that a co-worker is involved in ongoing illegal activities at their firm. According to the Standards, as a first step, the member is most likely required to report the matter to the:

Question 10
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The Correct Answer is Are specific for reporting violations and sanctions.

According to the recommended procedures for compliance with the Standard relating to responsibilities of supervisors, members should encourage their firms to establish compliance procedures that: