Question #16
Reading: Reading 42.7 Standards of Professional Conduct Guidance for Standards VII
PDF File: Reading 42.7 Standards of Professional Conduct Guidance for Standards VII.pdf
Page: 6
Status: Incorrect
Correct Answer: B
Your Answer: B
Question
Which of the following statements is a violation of the Standards if it is included on a CFA charterholder's resume?
Answer Choices:
A. Earning the CFA designation indicates my desire to maintain high ethical standards
B. To earn the CFA designation I had to pass three rigorous examinations
C. Earning the CFA designation indicates my superior ability
Explanation
A CFA charterholder may not make claims about how earning the designation proves
superior capabilities. Acceptable statements include accurately describing the meaning of
the CFA designation and the requirements for earning it.
(Module 42.10, LOS 42: VII(B))