Q5. An analyst belongs to a nationally recognized charitable organization, which requires dues for membership. The analyst has worked out a deal under which he provides money management advice in lieu of paying dues. While performing services for the organization, the analyst discovers some useful computer programs that his predecessor developed and left as the property of the organization. The analyst decides to use the computer programs in his consulting business. This action is: A) appropriate since the analyst is technically an employee of the organization. B) a violation of Standard III(B) concerning fair dealing. C) a violation of Standard I(D) concerning misconduct.
Q6. Which of the following does NOT violate Standard I(D), Misconduct? Roland Lawson, a financial analyst: A) committed perjury in connection with a lawsuit against his firm. B) is arrested for participating in a nonviolent protest. C) drinks excessively during business meetings with clients and returns to work under the influence of alcohol.
Q7. Nancy Hall, a candidate in the CFA program, is an analyst for a mutual fund. As part of her job she makes company visits to interview executives. On a recent trip she stayed with her sister instead of at a hotel. In her expenses Hall included a hotel charge of $100, which was less than the amount allowed by her employer. After receiving a check for her expenses, Hall disclosed to her supervisor that she had stayed with her sister instead of at a hotel. She also returned the $100 to her employer. According to CFA Institute Standards of Professional Conduct, which of the following statements best describes Hall's professional conduct? A) Hall did not engage in professional misconduct because she eventually disclosed this information and returned the $100 to her employer. B) Hall did not engage in professional misconduct because she did not meet all of the requirements to use the CFA designation. C) Hall engaged in professional misconduct.
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发表于 2009-1-12 16:12
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