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Reading 1- LOS A - Q26

26According to the Code of Ethics, the professional judgment of a member should be:

A)   dependent on that of his/her colleagues.

B)   quick and timely.

C)   independent.

D)   guided by the SEC guidelines.

The correct answer was C)

The Code of Ethics states that the CFA Institute member shall “Use reasonable care and exercise independent professional judgment.” None of the other answers resemble anything in the Code.

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