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Basic Question 5 of 7

Standard IV (A) requires members and candidates to ______.

I. place employer interests ahead of personal interest in all matters
II. subordinate important personal and family obligations to their work

User Contributed Comments 9

User Comment
saltnvinegar good ques!
BMurphy II. is only true if you're an investment banker.
alyl21 I) In all matters - This is too absolute
II)This is ridiculous
epiziL2 The key word in I is ALL,you may be striking a reasonble balance between personal interest and employer but, come on, not everything is place behind employers interest!!!
kforcfa both are true but none admits.
JakeZ hahaha
johntan1979 Yup, unfortunately.

Anyone not submitting to I and II will be by-passed in the next promotion period.

I should add III: Learn to lick your bosses shoes
ldfrench II is true for those studying for the CFA exams
marianne1 In all matters - to aboslute
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I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz

Tamara Schultz

Learning Outcome Statements

demonstrate the application of the Code of Ethics and Standards of Professional Conduct to situations involving issues of professional integrity

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

identify conduct that conforms to the Code and Standards and conduct that violates the Code and Standards

CFA® 2025 Level I Curriculum, Volume 6, Module 3.