答案和详解如下： 1、Ralph Lim and Susan Bland have both passed Level I of the CFA Program. Both are currently enrolled to sit for Level II. Lim's business card reads, "Ralph Lim, CFA Level I." Bland's resume states, "Level II Candidate in the CFA Program." According to CFA Institute Standards of Professional Conduct involving use of the professional designation: A) Bland violated the Standard, but Lim did not. B) Both Lim and Bland violated the Standard. C) Neither Lim nor Bland violated the Standard. D) Lim violated the Standard, but Bland did not. The correct answer was D) There is no designation for someone who has passed Level I, Level II, or Level III of the CFA examination. Candidates may state, however, that they have completed Level I, II, or III, as the case may be, in the CFA Program. Thus, Lim violated the Standard, but Bland did not. 2、Which of the following statements is a violation of Standard VII(B) if it is included on a CFA charterholder’s resume? A) My earning the CFA designation indicates my desire to maintain high standards. B) My earning the CFA designation indicates my superior ability. C) My earning the CFA designation required that I pass three rigorous exams. D) All of these are violations of Standard VII(B). The correct answer was B) A CFA charterholder may not make claims about how earning the designation proves superior capabilities. The other two choices are allowed because they are statements of fact. 3、During 2004 Nancy Arnold received an undergraduate business degree with a management major and completed all requirements for the CFA designation imposed by CFA Institute. She is applying for employment at several brokerage firms. Her resume states, “I was awarded the CFA degree in 2004 by CFA Institute.” Her resume also states that she graduated “with honors” and majored in finance. Her grade point average was 3.48 but “with honors” requires a 3.50 grade point average. Which of the following statements about Standard VII(B), Reference to CFA Institute, the CFA Designation, and the CFA Program, and Standard I(C), Misrepresentation, is TRUE? Arnold: A) did not violate either Standard VII(B) or Standard I(C). B) violated Standard I(C) but she did not violate Standard VII(B). C) violated Standard VII(B) but she did not violate Standard I(C). D) violated both Standard VII(B) and Standard I(C). The correct answer was D) Arnold violated Standard VII(B). The CFA designation should not be referred to as a degree. Arnold also violated Standard I(C) because her claim that she graduated “with honors” is not true. 4、All of the following are required for a CFA Institute member to maintain his or her active status EXCEPT: A) remit a completed Professional Conduct Statement on an annual basis. B) Passing each exam in no more than two tries. C) paying membership dues to CFA Institute on an annual basis. D) abide by the requirements of the Code of Ethics, Standards of Professional Conduct, and Professional Conduct Program. The correct answer was B) Passing each exam in two or fewer tries is not required to maintain active status as a member of the CFA Institute. CFA Institute imposes all of the other choices. 5、Julie Stades retired several years ago and relinquished her membership in CFA Institute. She had the CFA designation up until then. She has decided to go back to work and puts the following statement on her resume: “I earned the CFA designation 10 years ago.” Is this a violation of Standard VII(B)? A) No, because she uses "CFA" as a noun. B) No, as long as she does not indicate she currently has the designation. C) Yes, because she uses "CFA" as a noun. D) Yes, she has used the letters "CFA" in an undignified manner. The correct answer was B) Stades is allowed to state that she earned the designation as long as she does not infer that she currently has the designation. The letters “CFA” are only to be used as an adjective, and she does that. | 
发表于 2008-4-17 13:29
| 