Ethic (from Q-bank)

CFA Level I
#1

Which of the following statements is a violation of Standard VII(B) if it is included on a CFA charterholder’s resume? A) My earning the CFA designation indicates my desire to maintain high standards. B) My earning the CFA designation required that I pass three rigorous exams. C) My earning the CFA designation indicates my superior ability. D) All of these are violations of Standard VII(B).

#2

C

#3

C

#4

C

#5

CFA does not teach you how to brag. It does ask yout o pass rigorous exams and how to maintain high ethical standards in investment profession.

#6

C is correct. but why not D? Is the statement B right?

#7

C

#8

I mean using ‘rigorous’

#9

There is no “I” in CFA, humbleness is key.

#10

Yes exams are rigorous. You could not pass them without preparation. Infact with preparation I doubt i could pass it.

#11

Well A is definitely correct. I can see what you mean, but I think rigorous is trying to emphasize that the designation is no easy task. The CFAi wants investors to know that the designation holds weight.