CFA Level 1: Standard II (A) - Use of Professional Designation

Prev Question Next Question

Question

Hercules Poirot has just received the AIMR letter, informing him that he has passed the Level III exam in the CFA program. He changes his resume to reflect this information. The header now says, "Hercules Poirot, CFA," the "CFA" written in a smaller font. With respect to Standard II (A) - Use of Professional Designation - if

Hercules circulates this resume, he will:

Answers

A. have violated Standard II (A). He cannot use the CFA designation till AIMR informs him that he has earned the charter.

B. have violated Standard II (A). He cannot put the CFA designation on his business card immediately after his name.

C. have violated Standard II (A). He cannot claim to be a CFA till he obtains the final diploma from AIMR.

D. not have violated Standard II (A).

Show Answer

Explanations

Click on the arrows to vote for the correct answer

A. B. C. D.

A candidate earns a CFA charter only after he has passed all 3 exams and has accumulated sufficient professional experience to satisfy the requirements of the program. Till the ICFA Board approves his candidacy, Hercules cannot use the designation, "CFA."

Prev Question Next Question