FCA Finalised Guidance Test

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Questions and Answers

What is the primary focus of the guidance provided in the document?

  • Avoiding government regulations
  • Maximizing shareholder profits
  • Consumer protection (correct)
  • Exploiting market inefficiencies

Which factor is NOT considered when assessing a firm's compliance with the guidance?

  • Customer satisfaction
  • Risk management practices
  • Ethical standards
  • Employee dress code (correct)

Which of the following is a key principle outlined in the document?

  • Principle of unpredictability
  • Principle of profitability
  • Principle of secrecy
  • Principle of integrity (correct)

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