Help!!! One question with two answers!!!

CFA Level I Ethics
#1

Hello

I am trying to do some ethics questions for preparing the exam. I found there is a question with two different answers.

David Donnigan enrolled to take the Level II CFA examination in the current year, but he did not take the exam. Donnigan advised his employer that he passed Level II. Subsequently, he registered to take the Level II exam the next year. Which CFA Institute Standards of Professional Conduct did Donnigan least likely violate? The standard related to:

A. professional misconduct. B. duty to employer. C. referencing candidacy in the CFA Program Answer = C Because he registered to take the exam in the next year, Donnigan still qualifies to state he is a candidate in the CFA Program. He would not, however, be authorized to reference that he is a Level III candidate and, if asked, would need to specifiy that he is a Level II candidate.

Answer = B Member should not engage in conduct involving dishonesty , fraud, deceit, or misrepresentation. The dishonesty is not addressed in duty to employer.

Anyone knows which one one should be right?

#2

I would say C, because he never said he is a CFA charterholder just a candidate.

He has violated duties to employer by advising them he passed?

He definitely violated A.

#3

The correct answer is C. He violated the professional misconduct for lying that he passed the examination, and also the standard on employer loyalty. But referencing his candidacy in the CFA programme is not a violation because he may register for the exam the follolwing day after seeing his result, and still be able to claim candidacy in the programmee.

So option C is correct.

#4

Thanks so much all

#5

You’re welcome…