Explanation:

• Option A is incorrect because Standard I(B), Independence and Objectivity, allows members to accept token business-related gifts. Firms should set a strict value limit for such gifts, considering local or regional customs.

• Option B is correct as it aligns with Standard I(B), which mandates strict conduct standards for issuer-paid research. Independent analysts must ensure thorough, unbiased analysis and disclose potential conflicts of interest, including compensation details.

• Option C is incorrect because Standard I(B) recommends (but does not require) members to pay for commercial transportation and hotel expenses, excluding meals, when attending meetings at an issuer's headquarters.

This question tests understanding of ethical and professional standards, particularly in maintaining independence and objectivity in professional conduct.