CFA® Level 1: Standard II (C) Violations

Standard II (C) Violations

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Question

Which of the following is not a violation of Standard II (C)?

Answers

Explanations

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A. B. C. D. E.

D

Using excerpts from articles or reports prepared by others, either verbatim, or with only a slight change, without acknowledgment; citing specific quotations, attributable to "leading analysts," without specific reference; using charts or graphs without stating their sources; and copying proprietary computerized spreadsheets or algorithms without seeking the authorization of their creators - all of these practices are violations of Standard II (C). Only globally recognized sources of factual material such as that provided by Standard & Poor's, or Moody's Investors Service, can be used without acknowledgment, since such information is already in the public realm.