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Answer: Depends solely on a subordinate's assurances without evaluating the severity of a potential breach of the Standards.
According to **Standard IV(C) Responsibilities of Supervisors**, a supervisor must promptly assess the extent of any potential violation of the law or the Code and Standards upon learning of it. Merely relying on a subordinate's statements or assurances is insufficient. This standard underscores the importance of proactive evaluation to ensure compliance and uphold professional integrity.
Author: LeetQuiz Editorial Team
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A member most likely violates the Standard relating to responsibilities of supervisors if she:
A
Assumes supervisory responsibilities without confirming the firm has implemented a code of ethics.
B
Assigns supervisory duties to subordinates lacking any compliance background.
C
Depends solely on a subordinate's assurances without evaluating the severity of a potential breach of the Standards.
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