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Basic Question 1 of 2

Standard V (B) states the following: "Members shall: Use reasonable judgment regarding the inclusion or exclusion of relevant factors in research reports." Which of the following are included under the definition of "report"?

I. a written report
II. a telephone communication
III. a media broadcast
IV. an e-mail message

User Contributed Comments 1

User Comment
mrushdi also can be formal or informal.
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I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach

Andrea Schildbach

Learning Outcome Statements

demonstrate a thorough knowledge of the Code of Ethics and Standards of Professional Conduct by applying the Code and Standards to specific situations;

recommend practices and procedures designed to prevent violations of the Code of Ethics and Standards of Professional Conduct.

CFA® 2025 Level II Curriculum, Volume 6, Module 44.