Q6.Which of the following is least likely a violation of Standard I(D), Misconduct? Being:

A)  intoxicated at the office.

B)  convicted of a felony.

C)  convicted of a misdemeanor traffic offense.

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 engaged in professional misconduct.

C)  Hall did not engage in professional misconduct because she did not meet all of the requirements to use the CFA designation.

Q8.Hillary Jones, CFA, sometimes promises clients that she will allocate more shares from oversubscribed initial public offerings (IPOs) than she knows she will actually be able to deliver. Her employer has reprimanded her in the past for similar behavior. Which of the following statements is least accurate regarding Jones' behavior?

A)  Her actions are a violation of the Standards only if prosecution results in a felony conviction.

B)  Her actions are a violation of the standard concerning misrepresentation, because she promised something she knew the firm could not deliver.

C)  Her actions are a violation of the standard concerning professional misconduct because she deceived her clients.

答案和详解如下：

Q6.Which of the following is least likely a violation of Standard I(D), Misconduct? Being:

A)  intoxicated at the office.

B)  convicted of a felony.

C)  convicted of a misdemeanor traffic offense.

 Correct answer is C)

According to Standard I(D)" Members shall not engage in any professional conduct involving dishonesty, fraud, deceit, or commit any act that reflects adversely on their professional reputation, integrity, or competence.." The standard is not intended to regulate one’s personal behavior.

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 engaged in professional misconduct.

C)  Hall did not engage in professional misconduct because she did not meet all of the requirements to use the CFA designation.

 Correct answer is B)

Hall engaged in professional misconduct because her act involved dishonesty, fraud, and deceit.

Q8.Hillary Jones, CFA, sometimes promises clients that she will allocate more shares from oversubscribed initial public offerings (IPOs) than she knows she will actually be able to deliver. Her employer has reprimanded her in the past for similar behavior. Which of the following statements is least accurate regarding Jones' behavior?

A)  Her actions are a violation of the Standards only if prosecution results in a felony conviction.

B)  Her actions are a violation of the standard concerning misrepresentation, because she promised something she knew the firm could not deliver.

C)  Her actions are a violation of the standard concerning professional misconduct because she deceived her clients.

 Correct answer is A)

Jones violated Standard I(C) Misrepresentation by promising clients she would allocate more shares than she could deliver. Her actions also violated Standard I(D) Misconduct pertaining to acts of dishonesty, fraud, or deceit which reflects adversely on a member's professional reputation, integrity, or competence. She also violated the Code of Ethics which states that members and candidates must act with integrity, competence, diligence, respect, and in an ethical manner with the public, clients, and prospective clients. The specific punishment for the actions is not relevant.

thanks

thx a lot