答案和详解如下： Q6. Standard VI(C), Referral Fees, requires the member to do all of the following EXCEPT: A) disclose to the referred client the percentage of the member's business that comes from referrals. B) make required disclosures to the referred client before an agreement is made to provide services to the referred client. C) disclose to the referred client how much the referral source was paid to refer the client. Correct answer is A) The applicable Standard, VI(C), does not require a member to disclose the percentage of their business that comes from referrals. Standard VI(C) states, "Members shall disclose to clients and prospects any consideration or benefit received by the member or delivered to others for the recommendation of any services to the client or prospect." Appropriate disclosure means telling the client or prospect, before agreeing to perform services, of any benefit given or received for recommending the member’s services. Q7. 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, soft dollars, or in kind. B) cash or soft dollars only. C) cash only. Correct answer is A) According to Standard VI(C), Referral Fees, consideration includes all fees that are paid in cash, soft dollars, and in kind. Referral fees must be disclosed to the client or employer before engaging in an agreement to provide services. Q8. 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. Correct answer is C) According to Standard VI(C), Referral Fees, consideration includes all fees that are paid in cash, soft dollars, and in kind. Referral fees must be disclosed to the client or employer whether the consideration is received by or paid to others for the recommendation. Q9. Joe James, CAIA, CPA, is a CFA Level II candidate living in Boston. In the course of his accounting practice, James often refers clients to a local law firm specializing in estate planning. James does not violate client confidentiality and does not receive compensation for the referral. However, the law firm often gives James tickets to the theater and major sporting events.
Which of the following statements regarding disclosure is TRUE? James: A) need not disclose the benefits received for referring clients because no compensation is received. B) need not disclose the benefits received for referring clients because the clients were developed in the course of his accounting practice. C) must disclose the benefits received for referring clients to the law firm. Correct answer is C) Standard VI(C), Referral Fees, requires members to disclose to clients and prospects any consideration or benefit received by the member or delivered to others for the recommendation of any services to a client or prospect. James has received a benefit (free tickets), which must be disclosed to the clients referred by James. Disclosure will allow the clients to determine any partiality of the recommendation. | 
发表于 2009-1-4 14:52
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