Which of the Following Is Not Required Under the CFA

question 11

Multiple Choice

Which of the following is not required under the CFA Institute Standards of Professional Conduct?

• A)Knowledge of all applicable laws, rules, and regulations
• B)Disclosure of all personal investments, whether or not they may conflict with a client's investments
• C)Disclosure of all conflicts to clients and prospects
• D)Reasonable inquiry into a client's financial situation

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Definitions:

Unit Sales

The measure of the total quantity of a product sold, often used as a metric for tracking the performance of consumer goods.

Revenue

The total income generated from normal business operations and other activities over a specific period of time.

Items Sold

The total quantity of products or services sold by a business within a specific period.

Razor-And-Razor-Blade

A business model that sells a primary product at a low price (or gives it away) to drive the sales of related consumable products.