Which of the following relating to compliance procedures for complying with Standard III (E) is false? The compliance procedures should:

Which of the following relating to compliance procedures for complying with Standard III (E) is false? The compliance procedures should:
A . none of these answers.
B . outline permissible conduct.
C . delineate procedures for reporting violations and sanctions.
D . designate a team of outside colleagues to form a review board.
E . outline the scope of the procedures.
F . be easy to understand.

Answer: D

Explanation:

The compliance officer should be designated from within the firm.

Latest CFA Level 1 Dumps Valid Version with 3960 Q&As

Latest And Valid Q&A | 90 Days Free Update | Once Fail, Full Refund

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

Enjoy 15% Discount With Coupon "15off"
Expire in 1 Day