How Many of the Behaviors Shown Below Reflect Ethical Responsibilities

question 49

Multiple Choice

How many of the behaviors shown below reflect ethical responsibilities toward clients?
- research recommendations should be appropriate
- clients should be kept informed of all study changes
- research budgets should be kept to less than $10,000
- all gathered information is proprietary

• A)0
• B)1
• C)2
• D)3
• E)4

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Definitions:

Rate of Return

Earnings or losses seen on an investment during a fixed interval, presented as a percentage of the investment's first cost.

Compounded Monthly

Indicates that interest is calculated and added to the principal balance of an investment or loan on a monthly basis, leading to exponential growth over time.

Future Value

The value of an asset or amount of money at a specific date in the future that is equivalent in value to a specified sum today.

Rate of Interest

Another term for interest rate, it specifies the amount charged, expressed as a percentage of the principal, by a lender to a borrower for the use of assets.