carriewood

[em01]

wzuowei

[em01]

wocaohorse

re

jojoe

[em02]

slkly

[em01][em02][em03]

7774

答案和详解如下：

Question 11 

The correct answer was C) A regional branch of an investment firm marketed under the name of its parent. 

The definition of a firm for GIPS-compliant performance presentation should include all geographical offices marketed under the same brand name. 

This question tested from Session 1, Reading 4, LOS b

 

Question 12 

The correct answer was B)

Money does not have to change hands for a violation to occur. Lawson should have obtained consent from his employer before accepting the consulting work to avoid a violation of Standard IV(A), Loyalty. 

This question tested from Session 1, Reading 2-IV, LOS A.

 

Question 13 

The correct answer was C) Standard VI(A), Disclosure of Conflicts. 

Pam is violating Standard VI(A), Disclosure of Conflicts, by directing the trades to Theodora without informing her clients of the conflict of interest. Nothing in the facts indicate that Standard IV(B), Additional Compensation Arrangements, was violated. Standard III(B), Fair Dealing does not apply to this situation. 

This question tested from Session 1, Reading 2, LOS a, b, c

 

Question 14 

The correct answer was B) Both Wilson and Chavis have a reasonable basis for their recommendations. 

Wilson and Chavis have a reasonable and adequate basis if they recommend an investment transaction based on sound research prepared by their firm or an independent third party. 

This question tested from Session 1, Reading 2-V, LOS A.

 

Question 15 

The correct answer was C) consult with the company counsel to determine if in fact a law is being violated. 

Standard I(A), Knowledge of the Law, applies in this situation. According to this Standard, members shall not knowingly participate or assist in, and must dissociate from, any violation of laws, rules, or regulations.

When members suspect a client or a colleague of planning or engaging in ongoing illegal activities, members should take the following actions: 

  ♣ Consult counsel to determine if the conduct is, in fact, illegal. 

  ♣ Disassociate from any illegal or unethical activity. When members have reasonable grounds to believe that a client’s or employee’s activities are illegal or unethical, the members should disassociate from these activities and urge their firm to attempt to persuade the perpetrator to cease such activity.  

Note:  The Code and Standards do not require that members report legal violations to the appropriate governmental or regulatory organizations, but such disclosure may be prudent in certain circumstances. 

This question tested from Session 1, Reading 2-I, LOS A.