Hi,
can someone tell me if i am in the exam asked to state the relevant standard if I would need to state e.g.
Investment analysis, recommendation and actions
or
diligence and reasonable basis?
and lets assume the example is about diligence and reasonable basis?
i guess i know the answer, but i couldn´t find any guideline from caia on that
On the practice ethics questoins, the guideline answer they provide would be “Diligence and reasonable basis” - they want you to know the 20ish items of the sub-headings, not just the big headings.
No you don’t need to remember the specific standards, they only ask whether or not standard x (which is detailed in the question) has been violated and if so why.
The ethics questions in the exam follow the same format as the mock - do the mock and you’ll see what i mean.