Which of the following statements about Standard Ⅳ (C), Responsibilities of Supervisors, is FALSE CFA Institute members with supervisory authority:()
A. are expected to bring an inadequate compliance system to the attention of the firm’s senior managers and recommend corrective action.
B. are expected to have in - depth knowledge of the Code and Standards and to apply this knowledge in discharging their supervisory responsibilities.
C. may delegate supervisory duties, which relieves them of their supervisory authority.
参考答案:C
解析:
Standard Ⅳ (C) permits members to delegate supervisory duties but such delegation does not relieve members of their supervisory responsibility.