1.) When describing himself as a CFA candidate on his résumé (curriculum vitae) and listing the CFA exams he passed, did Peña violate any CFA Institute Standards of Professional Conduct? A. Yes, with regard to completion level. B. Yes, with regard to candidacy. C. No. Answer = B Peña violated Standard VII(B)–References to CFA Institute, the CFA Designation, and the CFA Program. Peña is not a candidate in the CFA Program because he is not enrolled to sit for a specific examination. “Guidance for Standards I–VII,” CFA Institute Standard VII(B)

) WHEN DESCRIBING HIMSELF AS A CFA CANDIDATE ON HIS RÉSUMÉ (CURRICULUM VITAE) AND LISTING THE CFA EXAMS HE PASSED, DID PEÑA VIOLATE ANY CFA INSTITUTE STANDARDS OF PROFESSIONAL CONDUCT

CFA MOCK EXAM LEVEL III MOCK EXAM VERSIONC ANSWERS 2014

1.) When describing himself as a CFA candidate on his résumé (curriculum vitae) and listing

the CFA exams he passed, did Peña violate any CFA Institute Standards of Professional

Conduct?

Yes, with regard to completion level.

Yes, with regard to candidacy.

No.

Answer = B

Peña violated Standard VII(B)–References to CFA Institute, the CFA Designation, and the

CFA Program. Peña is not a candidate in the CFA Program because he is not enrolled to

sit for a specific examination.

“Guidance for Standards I–VII,” CFA Institute

Standard VII(B)