II0-001 · Question #171
If a CIFI violates the ISFA code of Ethics, her CIFI certification can be immediately revoked.
The correct answer is B. False. Option B (False) is correct because the ISFA Code of Ethics does not allow for the immediate revocation of a CIFI certification. Instead, there is a formal disciplinary process that must be followed - including investigation, review, and due process - before any certification…
Question
If a CIFI violates the ISFA code of Ethics, her CIFI certification can be immediately revoked.
Options
- ATrue
- BFalse
How the community answered
(36 responses)- A19% (7)
- B81% (29)
Explanation
Option B (False) is correct because the ISFA Code of Ethics does not allow for the immediate revocation of a CIFI certification. Instead, there is a formal disciplinary process that must be followed - including investigation, review, and due process - before any certification action can be taken. This procedural safeguard protects certificate holders from arbitrary or premature sanctions.
Option A (True) is wrong because it assumes revocation can happen instantly, which bypasses the established disciplinary procedures required by ISFA governance. No professional certification body revokes credentials without a structured review process.
Memory tip: Think of it like employment law - you can't fire someone "immediately" without process; similarly, you can't revoke a professional credential without going through proper channels. The keyword to watch for on the exam is "immediately" - that word almost always signals a false statement when paired with formal disciplinary outcomes.
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