Which of the Following Scenarios Is False Regarding the Applicability

question 4

Multiple Choice

Which of the following scenarios is false regarding the applicability of the SSPFPS No.1:

• A)Only when a member represents to clients that the member provides PFP services.
• B)When a member engages in activities that require registration as an investment adviser under federal or state law.
• C)When a member includes the CPA/PFS designation on their website.
• D)When a member sells a product as a result of an engagement.

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Definitions:

DVD

a digital storage format used to store high-quality video, audio, and data.

CD

Short for Compact Disc, a digital optical disc data storage format used for storing digital audio, video, and data.

Budget Constraint

The limit on the consumption bundles that a consumer can afford given current prices and their income.

Bell Peppers

Culinary vegetables that come in various colors including red, yellow, and green, known for their sweet and slightly spicy flavor.