What to know
Identify the rule, formula, or decision criterion before reading the answer choices. CFA Level I distractors often use the right vocabulary with the wrong condition.
Standard VII(B) CFA References is part of CFA Level I Ethical and Professional Standards. Ethics questions test judgment under the Code and Standards, especially duties to clients, employers, markets, and the CFA Program. Use this page to review the controlling ideas, then work through 3 questions with answer explanations and common traps.
Review the worked explanations before moving into adaptive practice. The app version can mix this topic with due reviews and weak related concepts.
Practice this topicIdentify the rule, formula, or decision criterion before reading the answer choices. CFA Level I distractors often use the right vocabulary with the wrong condition.
Work each item under time pressure, then compare your reasoning with the step-by-step explanation and key takeaway.
Missed questions should become scheduled reviews when the error comes from a concept gap, formula setup, or answer-choice trap.
Standard VII(B) CFA References
The most appropriate business card wording for a charterholder with active membership is:
View sampleStandard VII(B) CFA References
A candidate who passed Level I and registered for Level II writes, "CFA Level II candidate." This wording is most likely:
View sampleStandard VII(B) CFA References
A Level III candidate writes: 'As a CFA Level III candidate, I have superior investment skill versus advisers who have not advanced this far.' The statement is least appropriate because it:
View sample