Establishing and Enforcing Policies to Prevent Violations | CFA Level 1 Exam Preparation

Standard III (E) Compliance: Establishing and Enforcing Policies

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Question

A supervisor complies with Standard III (E) by establishing and enforcing ________ to prevent violations.

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Explanations

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A. B. C. D. E.

Explanation

A supervisor complies with Standard III (E) by identifying situations in which legal violations or violations of the Code and Standards are likely to occur and establishing and enforcing compliance procedures to prevent such violations.