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NEW QUESTION: 1
If AIMR Members, CFA Charterholders and Candidates do not follow the AIMR Performance Presentation Standards and they make material misrepresentations, they will be in violation of what Standard of Professional Conduct?
A. Standard V (A)
B. None of these answers. The PPS are voluntary, thus failure to follow them will result in no violation of the Standards of Professional Conduct.
C. Standard V (B)
D. Standard I
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Although the AIMR-PPS are not explicitly incorporated in the AIMR Standards of Professional Conduct, they should be relied on to help ensure no misrepresentation of performance occurs. Misrepresentation results in violation of Standard V (B) - Performance Presentation.
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Answer: A
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Response:
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