CFA Level I sample question

CFA Level I Communication and Misrepresentation question

Ethical and Professional Standards / Communication and Misrepresentation

No-login practice

Communication and Misrepresentation sample question

Choose an answer before revealing the explanation, key takeaway, and answer-choice review.

Question 1 of 1Score 0/1
Moderate

Ethical and Professional Standards

Communication and Misrepresentation

A fund fact sheet states a new strategy has a five-year record but the record is mostly backtested and only six months are live. Footnotes disclose this in technical language. The most directly implicated Standards are:

Report an issue

Question of the Week

Get one CFA Level I question by email

Receive a weekly practice question with answer-choice explanations and a short takeaway.