mp3bu

The only questions I got wrong were 3 and 6, both of which have been discussed here. They are all from the online ethics test, which doesn’t give the correct answer if you get the question wrong. Good thread to examine those questions you did get wrong.
Question #1:
I. Members should outline known limitations of their analysis.
II. Reports should be supported by background and supporting information, and this information should be available to interested parties.
III. Members must include all relevant factors in research reports.
A. I and II.
B. I, II, and III.
C. I and III.
D. II and III.
I answered “A” based on the understanding that “all relevant factors” is such a subjective and broad reaching assumption. I don’t know how reasonable or even enforceable such a substandard would be, assuming that all obvious relevant factors have been included. I still think it is “A”.
Question 6:
Which of the following is LEAST LIKELY to be considered a “material” piece of information regarding a company:
A. Changes in company management.
B. A government report of economic trends affecting a company.
C. Loss of a customer representing a significant portion of a company’s gross sales.
D. A former CFO of the company predicting long-term decline in the company’s stock.
I am a little confused here. Personally I think government statistics is a relevant analytical tool, but is not really material to a specific company per se. Its hard to discount economic trends given there significance, but in this question, the other three options would no doubt provide a reasonable assumption of a change in the perception of the value of the companies stock.
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I could be wrong on both of these. Thoughts???