Answer Happy

Which of the following statements is/are correct under the Code and Standards?I. AIMR members are prohibited from undertaking independent practice in competition with their employer.II. Written consent from the employer is necessary to permit independent practice that could result in compensation or other benefit in competition with a member's employer.III. Written consent from the outside prospective client is necessary to permit independent practice that could result in compensation or other benefit in competition with a member's employer.IV. Members are prohibited from making arrangements or preparations to go into a competitive business before terminating their relationship with their employer.

A. II, III and IV only.
B. I and IV only.
C. IV only.
D. II and III only.