Why should I choose AnalystNotes?
AnalystNotes specializes in helping candidates pass. Period.
Basic Question 15 of 15
Which of the following would be considered "material"?
II. factual information from a corporate insider regarding a significant new contract for a company
I. an assumption based on speculation by a competitor about a significant new contract for a company
II. factual information from a corporate insider regarding a significant new contract for a company
User Contributed Comments 7
| User | Comment |
|---|---|
| CFA19 | reliable and sig. info. |
| Masterkang | FACTUAL |
| TammTamm | Factual was the key word. |
| papal | factual makes it reliable |
| gaurabhscx | assumption can be anything so assumption is irrelivnt so it makes assumption the key word |
| dblueroom | no gaurabhscx, it's not the assumption, it is the "competitor" that is the key word. because the source of info is not as reliable if it were an expert following that particular industry. |
| raffrobb | Factual and corporate insider makes it material and influential on decision. |
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
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.