A critical part of Standard IV (A.2) is to distinguish between:

A critical part of Standard IV (A.2) is to distinguish between:

A. research reports and investment memoranda.

B. insider trading and appropriate trading.

C. CFA charterholders and non- CFA charterholders.

D. none of these answers.

E. employees and independent contractors.

F. industry and company analysis.

G. the buy side and the sell side.

H. facts and opinions.

View Answer

Answer: H

Explanation:

Standard IV (A.2) – Research Reports states the responsibility of AIMR members, CFA charterholders and candidates to include in each research report those key facts that are instrumental to the investment recommendation presented in the report. A critical part of this requirement is to distinguish clearly between opinions and facts.