Which of the following statements regarding GIPS is least accurate（）
A: A GIPS objective is to promote global "self- regulation".
B: GIPS allows clients to have more confidence in reported performance.
C: To stay GIPS compliant, a firm must abide by GIPS guidelines even when conflicting with local or country -specific regulations.
A: A GIPS objective is to promote global "self- regulation".
B: GIPS allows clients to have more confidence in reported performance.
C: To stay GIPS compliant, a firm must abide by GIPS guidelines even when conflicting with local or country -specific regulations.
举一反三
- Which of the following statements is a key characteristic of the Global Investment Performance Standards (GIPS) The GIPS standards:（） A: rely on the integrity of input data. B: consist of required provisions for firms to follow to achieve best practice. C: must be applied with the goal of achieving excellence in performance presentation.
- Which of the following is NOT a reason for the creation of the Global Investment Performance Standards (GIPS standards)（） A: to improve investment performance as managers diversify internationally. B: the need for consistent performance measurement due to the globalization of financial markets. C: to allow investment clients to more easily compare investment performance.
- As countries adopt the Global Investment Performance Standards ( GIPS), which of the following is least likely to occur A: The trend toward cross country investments will decline. B: Competition in the global investment industry will be enhanced. C: Existing and potential clients will be able to make fair and unambiguous comparisons among investment firms.
- With respect to reporting investment results, Global Investment Performance Standards (GIPS) require a minimum of: A: three years of historical performance. B: ten years of historical performance. C: five years of historical performance.
- All of the following are titles of one of the eight sections of the Global Investment Performance Standards (GIPS) EXCEPT : A: Presentation and Reporting. B: Input Data. C: Implementation.