CFA一级道德部分的题目主要围绕CFA协会的职业道德准则和专业行为标准展开，旨在考察考生在实际投资情境中对道德规范的理解和应用能力。以下是一些CFA一级道德例题与解析，帮助考生更好地理解和备考。

Learning Module 1 Ethics and Trust in the Investment Profession.

Fiduciary duty is a standard most likely to be upheld by members of a(n):

A employer.

B profession.

C not-for-profit body.

以下是题目解析：

B is correct. Fiduciary duty is an obligation to deliver a high standard of care when acting for the benefit of another party. Professionals must act in the best interest of the client, exercising a reasonable level of care, skill, and diligence. Other entities—including employers, regulators, trade associations, and not-for-profit bodies—may also support an industry but are not the same as professional bodies. Unlike professions, these other entities generally do not exist to set and maintain professional standards.

B正确。受托责任是指在为另一方利益行事时提供高标准的谨慎的义务。专业人士必须以客户的最大利益为出发点，运用合理的谨慎、技能和勤奋。其他实体——包括雇主、监管机构、行业协会和非营利机构——也可能支持一个行业，但与专业机构不同。与专业不同，这些实体的存在通常不是为了设定和维护专业标准。