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Basic Question 0 of 8

In the reading, one action may be considered ethical but may not be legal in certain jurisdictions. It is ______.

A. whistleblowing
B. insider trading
C. strictly following disclosure requirements

User Contributed Comments 4

User Comment
jstid40 I don't understand this question. Nothing in the question describes what would be considered whistleblowing. If the general idea is that "Some ethical behavior may be illegal", I get that, but the answer being "Whistleblowing" does not make sense to me.
jgarduno01 Referencing the Reading: "Another area in which ethics and laws may conflict is the area of 'whistleblowing.'"
walterli ex. Snowden
ZiruiGong Snowden lmao
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Learning Outcome Statements

describe the financial reporting treatment and analysis of non-recurring items (including discontinued operations, unusual or infrequent items) and changes in accounting policies

CFA® 2025 Level I Curriculum, Volume 2, Module 2.