7. Tammi Holmberg is enrolled to take the Level I CFA examination. While taking the CFA
examination, the candidate on Holmberg's immediate right takes a stretch break and a piece of
paper from his pocket falls onto Holmberg's desk. Holmberg glances at the paper and realizes
there is information written on the paper, which includes a formula Holmberg needs for the
question she is working on. Holmberg had not memorized this formula and could not complete
the question without this information. Holmberg pushes the paper off her desk and uses the
formula to complete the question. According to the CFA Institute Code of Ethics and Standards
of Professional Conduct, Holmberg most likely:
A. compromised her exam.
B. was free to act on the information that fell on her desk.
C. is responsible for notifying exam proctors of her neighbor's violation.
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