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Exam Code: C-TS410-2020

Exam Name: SAP Certified Application Associate - Business Process Integration with SAP S/4HANA 2020

Version: V15.35

Q & A: 208 Questions and Answers

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NEW QUESTION: 1
Serena Zaltz is a portfolio manager at Katalina Investments, a small boutique in Connecticut. She currently manages 3 client accounts, one of which belongs to John Hersham. John recently told Serena that if his portfolio beat the S&P500 by 75 basis points over the next 3 months, he would give 10 basis points to her as a "superior performance reward." Serena told him this was unnecessary but John insisted that such an arrangement be made on a handshake. Serena subsequently spoke to her supervisor, Helena, about it and Helena did not object to the arrangement. Then, Serena has:
A. has violated Standard IV (A.3) - Independence and Objectivity.
B. not violated any code of conduct.
C. has violated Standard IV (B.8) - Disclosure of Referral Fees.
D. has violated Standard III (D) - Disclosure of Additional Compensation Arrangements.
Answer: D
Explanation:
Explanation/Reference:
Explanation:
While Serena may have informed her employer orally about her additional compensation arrangement, Standard III (D) requires written notification to the employer and this includes any form of communication that can be documented. Such written disclosures act as paper trails of all such arrangements and act as a deterrent to such arrangements except in the more compelling cases.

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