【羿文寄语】知识无底，学海无涯，考试就是需要不断地积累。

CFA考试Level Ⅰ

【单选题】

According to the Standard on independence and objectivity, members and candidates:

A.may accept gifts or bonuses from clients.

B.may not accept compensation from an issuer of securities in return for producing research on those securities.

C.should consider credit ratings issued by recognized agencies to be objective measures of credit quality.

答案：A

【解析】Gifts from clients are acceptable under Standard I (B) Independence and Objectivity, but the Standard requires members and candidates to disclose such gifts to their employers.Standard I (B) allows issuer-paid research as long as the analysis is thorough, independent, unbiased, and has a reasonable and adequate basis for its conclusions, and the compensation from the issuer is disclosed.Members and candidates should consider the potential for conflicts of interest inherent in credit ratings and may need to do independent research to evaluate the soundness of these ratings.