Schweser’s Secret Sauce® 2023
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Questions and Answers

What is the role of Kaplan Schweser as a CFA Institute Prep Provider?

  • They endorse and review the accuracy of CFA Institute materials
  • They are permitted to make use of CFA Institute copyrighted materials for exam preparation (correct)
  • They are the sole producers of CFA Institute materials
  • They are responsible for updating CFA Institute materials

What is the consequence of unauthorized duplication of Schweser's Secret Sauce® notes?

  • It violates global copyright laws and the CFA Institute Code of Ethics (correct)
  • It leads to legal action by the CFA Institute
  • It results in a fine of $100,000
  • It is considered fair use under copyright law

What is required of Kaplan Schweser in relation to updating their materials?

  • They must update their materials every 5 years
  • They are not required to update their materials
  • They can choose whether or not to update their materials
  • They are required to update their materials every year, validated by CFA Institute (correct)

What does CFA Institute not do in relation to the product and services offered by Kaplan Schweser?

<p>Endorse, promote, review or warrant the accuracy or quality (D)</p> Signup and view all the answers

What is the consequence of unauthorized duplication of CFA Institute copyrighted materials?

<p>It violates global copyright laws and the CFA Institute Code of Ethics (C)</p> Signup and view all the answers

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