Financial Service Professionals Are Expected to Act in a Highly

question 2

Multiple Choice

Financial service professionals are expected to act in a highly ethical manner. Which of the following traits do the textbook authors suggest as important?

• A) Act in a way that promotes client trust
• B) Listen and act in an empathic manner
• C) Maintain honesty when dealing with your client
• D) Put your client's interest before yours
• E) All of these are traits of a highly ethical planner

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Definitions:

Income Taxes

Taxes levied by the government on individuals or entities based on their net income or profit.

Necessary Deductions

Expenses or amounts that are required to be subtracted from income, often for the purpose of calculating taxable income.

Printer Units

Devices that produce hard copy outputs from digital data.

Cartons

Packaging containers often made from cardboard or light plastic, designed to hold goods during transport and storage.