Question：
According to the Global Investment Performance Standards (GIPS), firms must do all of the following except:
A. adhere to certain calculation methodologies and make specific disclosures along with their performance.
B. provide investors with a comprehensive view of their performance only in terms of returns.
C. comply with all requirements of the GIPS standards, such as updates, guidance statements, and clarifications.
Answer = B
Firms must provide investors with a comprehensive view of their performance in terms of risk and returns, not just returns.
CFA Level I
“The GIPS Standards,” CFA Institute
Section: Overview
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权威名师倾情打造，助力通过金融第一考 |
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权威名师倾情打造，助力通过金融第一考 |
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双语教学，助力提升金融专业英语水平 |
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