Question: 8. Bob Reuter, a CFA program candidate, spends his summer as an unpaid intern at Smith LLC. The senior managers at Smith are attempting to

 8. Bob Reuter, a CFA program candidate, spends his summer as

8. Bob Reuter, a CFA program candidate, spends his summer as an unpaid intern at Smith LLC. The senior managers at Smith are attempting to bring the firm into compliance with the GIPS standards, and Bob is assigned to assist in its efforts. Two months into his internship, Bob applies for a job at Lovis & Company, which has plans to become GIPS compliant. Bob accepts the job with Lovis. Before leaving Smith LLC., he copies the firm's software that he helped develop because he believes this software will assist him in his new position. A) Bob violated Standard IV(A) of CFA Standards of Practice Handbook because he B) Bob has not violated Standard IV(A) of CFA Standards of Practice Handbook C) Bob has not violated Standard IV(A) of CFA Standards of Practice Handbook D) Bob has not violated Standard IV(A) of CFA Standards of Practice Handbook misappropriated Smith's Property without permission. because he wasn't paid. because he is only a CFA program candidate, not a charter holder. because he created the software

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