2a). You direct a large amount of your commission business to a brokerage firm. In appreciation for all the business, the brokerage firm provides a luxury trip to Hawaii for your family and you. They pay for flight tickets, hotel, transportations, and meals. You should

A). not accept it.

B). accept it.

C). accept and disclose the receipts of the travel to your employer.

D). accept it for yourself not your family.

2b). Based on the CFA Ethics and Professionalism videos, Which sentence is correct?

A). All these answers are correct.

B). In the event of conflict, members and candidates must comply with the more strict law, rule, or regulation

C). Members and Candidates must knowingly participate or assist in any violation of such laws, rules, or regulations.

D). Members and Candidates must understand and comply with all applicable laws, rules, and regulations except the CFA Institute Code of Ethics and Standards of Professional Conduct.

2c). You are an analyst for an asset management firm. You attend a presentation for security analysts at the headquarters of a manufacturing company. After the meeting, the head of investor relation invites you to a club house for dinner and karaoke. You should

A). accept karaoke not dinner.

B). reject the invitation.

C). accept the invitation.

D). accept the dinner but not karaoke.

2d). Which of the following sentences is not correct about the Standard of Professional Conduct I(C) Misrepresentation (Links to an external site.) requirements?

A). Acknowledge the sources of the materials.

B). Exercise care when using third-party information.

C). Be honest about credentials, capabilities, investments, and performance history.

D). Disclose the use of internal managers and services.

2e). You are a portfolio manager at an asset management firm. You receive a bonus from one of your clients for your good work. The gift

A). Should be viewed as an incentive to give the client an advantage over other clients.

B). All of these answers are correct.

C). is not a violation of independence and objectivity.

D). Should be disclosed to your employer.