NO.PZ2018062009000068
问题如下：
Q. Which of the following statements best describes an aspect of the Standards of Professional Conduct? Members and candidates are required to:
选项：
A.
ensure any portfolio mandate followed is fair, accurate, and complete.
B.
promptly disclose changes that might materially affect investment processes.C.
have a reasonable and adequate basis for decisions about client confidentiality.解释：
B is correct. The current Standards of Professional Conduct requires members and candidates to promptly disclose any changes that might materially affect investment processes.
A is incorrect because under Standard III.C.2 Suitability, when members and candidates are responsible for managing a portfolio according to a specific mandate, they must take only investment actions that are consistent with the stated objectives of the portfolio. The “fair, accurate, and complete” criterion relates to the Standard III D Performance Presentation.
C is incorrect because under Standard III.E.1, 2, 3 Preservation of Confidentiality, members and candidates must keep information about current clients confidential unless the information concerns illegal activities on the part of the client, disclosure is required by law, or the client permits disclosure. No decisions on confidentiality are required, with the “reasonable and adequate basis” criterion related to Standard V.A.2 Diligence and Reasonable Basis.
请问A里面portfolio mandate是什么意思？
