According to the CFA Institute Standards of Professional Conduct, which of
the following statements about members with supervisory responsibility is NOT
correct? Members with supervisory responsibility:
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A)
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must make reasonable efforts to detect violation of laws, rules,
regulations, and the Code and Standards.
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B)
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are expected to have in-depth knowledge of the Code and Standards and to
apply this knowledge in discharging their supervisory responsibilities.
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C)
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are relieved of their supervisory responsibility if they delegate their
supervisory duties to other members of CFA Institute.
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