Q12. Which of the following is a component of the Code of Ethics?

A)   Practice and encourage others to practice in a professional and ethical manner that will reflect credit on members and their profession.

B)   Members and candidates shall not engage in any conduct or commit any act that compromises the integrity of the CFA designation or the integrity or validity of the examinations leading to the award of the right to use the CFA designation.

C)   Members shall not copy or use, in substantially the same form as the original, material prepared by another without acknowledging and identifying the name of the author, publisher, or source of such material. Members may use, without acknowledgment, factual information published by recognized financial and statistical reporting services or similar sources.

Q13. Which of the following is a component of the Code of Ethics? CFA Institute members shall:

A)     strive to maintain and improve their competence and the competence of others in the profession.

B)     act for the benefit of their clients and place their clients' interests before their own.

C)     disclose to their employer all matters that reasonably could be expected to interfere with their duty to their employer or ability to make unbiased and objective recommendations.

Q14. In dealing with the public and others, the CFA Institute Code of Ethics indicates that CFA Institute members will act with:

A)   integrity, competence, and respect.

B)   confidence, knowledge, and high ethical standards.

C)   honesty, professionalism, and goodwill.

Q15. The CFA Institute Code of Ethics least likely requires a Member or Candidate to:

A)   Strive to maintain and improve the competence of others in the profession.

B)   Understand and comply with all applicable laws, rules, and regulations.

C)   Practice and encourage others to practice in a professional and ethical manner that will reflect credit on members and their profession.

Q16. The first component of the Code of Ethics does NOT explicitly say that a CFA Institute member will act in a certain manner with respect to which of the following groups?

A)   The SEC.

B)   Colleagues in the investment profession.

C)   The public.

答案和详解如下：

Q12. Which of the following is a component of the Code of Ethics?

A)   Practice and encourage others to practice in a professional and ethical manner that will reflect credit on members and their profession.

B)   Members and candidates shall not engage in any conduct or commit any act that compromises the integrity of the CFA designation or the integrity or validity of the examinations leading to the award of the right to use the CFA designation.

C)   Members shall not copy or use, in substantially the same form as the original, material prepared by another without acknowledging and identifying the name of the author, publisher, or source of such material. Members may use, without acknowledgment, factual information published by recognized financial and statistical reporting services or similar sources.

Correct answer is A)

This is a component of the Code of Ethics. Others pertain to the Standards of Practice.

Q13. Which of the following is a component of the Code of Ethics? CFA Institute members shall:

A)     strive to maintain and improve their competence and the competence of others in the profession.

B)     act for the benefit of their clients and place their clients' interests before their own.

C)     disclose to their employer all matters that reasonably could be expected to interfere with their duty to their employer or ability to make unbiased and objective recommendations.

Correct answer is A)

Striving to maintain and improve their competence and the competence of others in the profession is one of the components of the Code of Ethics, whereas the other statements are part of the Standards of Professional Conduct.

Q14. In dealing with the public and others, the CFA Institute Code of Ethics indicates that CFA Institute members will act with:

A)   integrity, competence, and respect.

B)   confidence, knowledge, and high ethical standards.

C)   honesty, professionalism, and goodwill.

Correct answer is A)

Integrity, competence, and respect are included in the first component of the Code of Ethics.

Q15. The CFA Institute Code of Ethics least likely requires a Member or Candidate to:

A)   Strive to maintain and improve the competence of others in the profession.

B)   Understand and comply with all applicable laws, rules, and regulations.

C)   Practice and encourage others to practice in a professional and ethical manner that will reflect credit on members and their profession.

Correct answer is B)

Understanding and complying with all applicable laws, rules, and regulations is required by Standard I(A) – Knowledge of the Law. The other choices are included in the Code of Ethics.

Q16. The first component of the Code of Ethics does NOT explicitly say that a CFA Institute member will act in a certain manner with respect to which of the following groups?

A)   The SEC.

B)   Colleagues in the investment profession.

C)   The public.

Correct answer is A)

The SEC is not mentioned in the Code of Ethics. Component one mentions duties to the public, clients, prospects, employers, employees, colleagues, and other participants in the global capital markets.

thanks.

aaaba