Which of the Following Requires Financial Professionals to Act in the Best

question 90

Multiple Choice

Which of the following requires financial professionals to act in the best interest of the client at all times and to fully disclose any and all conflicts of interests?

• A) Commission.
• B) Conflict of interest.
• C) Fiduciary standard.
• D) Suitability standard.

---

Definitions:

Profit Margin

Profit Margin is a financial metric that measures the percentage of income retained as profit after accounting for the cost of goods and expenses.

Accomplishment

A sense of achievement or completion that comes from having successfully completed a task or objective.

Intrinsic Rewards

In expectancy theory, the internal factors related to the value of work, including the amount of creativity allowed, the degree of responsibility, and the satisfaction of helping others.

Satisfaction

A state of fulfillment or contentment resulting from achieving what one desires or from the successful resolution of needs or challenges.