Q4. Standard VI(C), Referral Fees, is applicable to: A) only cash consideration received for the recommendation of products or services. B) only consideration paid in soft dollars for the recommendation of products or services. C) all consideration received or paid for the recommendation of products or services.
Q5. A member or candidate that receives consideration from others for the recommendation of products or services, must disclose the estimated dollar value of the consideration paid in: A) cash or soft dollars only. B) cash only. C) cash, soft dollars, or in kind.
Q6. Which of the following statements about Standard VI(C), Referral Fees, is TRUE? A) Referral fees may be disclosed before or after proceeding with an agreement for service. B) Referral fees must be disclosed before proceeding with an agreement for service. C) Referral fees must be disclosed after proceeding with an agreement for service.
Q7. An analyst who is a member of CFA Institute has composed an introductory information packet for her new clients, which includes information on fees she receives for referring clients to other professionals and those she pays for having clients referred to her. With respect to Standard VI(C), Referral Fees, this action: A) is not addressed in the Standard. B) may not satisfy the Standard if such information is only provided after the receivers of the information have become clients. C) exceeds the requirement of the Standard because she does not need to reveal the fees she pays to those that refer clients to her.
Q8. Wes Smith, CFA, refers many of his clients to Bill
Towers, CPA, for accounting services. In return, Towers performs routine services for Smith, such as his tax returns, for no charge. With respect to this relationship, Smith: A) is in violation of both Standard V(B) and III(B). B) is only in violation of Standard III(B), Fair Dealing, by not putting the client first. C) must disclose to his clients that Towers provides services for Smith's personal benefit.
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发表于 2009-1-9 17:19
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