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</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</p> Signup and view all the answers

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