单项选择题

When preparing pro forma income statements, which one of the following items is least likely to be sales driven（）

A. Current assets.
B. Interest expense.
C. Administrative expenses.

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单项选择题

Ian O’Sullivan, CFA, is the owner and sole employee of two companies, a public relations firm and a financial research firm. The public relations firm entered into a contract with Mallory Enterprises to provide public relations services. According to the contract, O’Sullivan received 40 000 shares of Mallory stock in payment for his services. Over the next 10 days, the public relations firm issued several press releases that discussed Mallory’s excellent growth prospects. O’Sullivan, through his financial research firm, also published a research report recommending Mallory’s stock as a buy . According to the Standards of Practice Handbook, O’Sullivan is required to disclose his ownership of Mallory’s stock in the:（）

A. press releases only.
B. research report only.
C. both the press releases and the research report.

单项选择题

David Schmidt enrolled to take the Level Ⅱ CFA examination in the current year; however, he did not take the exam. Subsequently, he registered to take the level Ⅱ exam the next year. Schmidt informed his employer that he passed Level Ⅱ. Which CFA Institute Standard of Professional Conduct did Schmidt most likely violate（）

A. Duties to employer.
B. Professional misconduct.
C. Referencing candidacy in the CFA program.

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