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Answer: Exercise diligence, independence, and thoroughness in analyzing investments, making recommendations, and taking actions.
**Explanation:** According to Standard V(A) - Investment Analysis, Recommendations, and Actions, members must exercise diligence, independence, and thoroughness in analyzing investments, making recommendations, and taking actions. Option B is incorrect because while members must understand the assumptions and limitations of models, they are not required to become experts in every technical aspect. Option C is incorrect because if a member believes the consensus opinion has a reasonable and adequate basis, they need not dissociate from the report even if it does not reflect their personal opinion.
Author: LeetQuiz Editorial Team
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According to the Standard relating to diligence and reasonable basis, a member is required to:
A
Exercise diligence, independence, and thoroughness in analyzing investments, making recommendations, and taking actions.
B
Become an expert in the technical aspects of the models used for investment recommendations.
C
Dissociate and remove her name from a company group report if the report does not reflect her opinion.
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