An investment manager enthusiastically reports that his client's stock portfolio has experienced 24 percent growth but does not reveal that the stock market as a whole grew by 32 percent during the same period.Which of the following ethical guidelines has the investment manager ignored?
A)Clear and understandable expression of the idea
B)Honest and fair expression of the idea
C)Tactful and pleasant expression of the idea
D)Graphical support that communicates facts accurately

Question

Quizplus · Accepted Answer

The investment manager has ignored the ethical guideline of honest and fair expression of the idea by not revealing the fact that the stock market as a whole grew by 32 percent during the same period. This information is essential for the client to have a complete and accurate understanding of their portfolio's performance.

An Investment Manager Enthusiastically Reports That His Client's Stock Portfolio