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Basic Question 13 of 15

An analyst examines many different pieces of nonpublic, nonmaterial information regarding a firm and comes to a significant conclusion. According to the ______ theory, the analyst can act on this conclusion.

A. traditional
B. misappropriation
C. mosaic

User Contributed Comments 2

User Comment
Yrazzaq88 Duh :-) This should be a piece of cake by now.
raffrobb Yahoo! Got it.
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Colin Sampaleanu

Colin Sampaleanu

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® 2024 Level I Curriculum, Volume 6, Module 3.