CFA Level I sample question

CFA Level I Ethics and Trust in the Investment Profession question

Ethical and Professional Standards / Ethics and Trust in the Investment Profession

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Ethics and Trust in the Investment Profession sample question

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Ethical and Professional Standards

Ethics and Trust in the Investment Profession

Devika Rao, an analyst with a spotless conduct record, is told that her entire team's bonus depends on completing due diligence for a fund launch by Friday. Rao skips several planned checks of the fund's pricing model, telling herself that her teammates are counting on her. Rao's lapse is best explained by:

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