i don't understand this gips
4. In the event of any significant external cash
> flows, GIPS recommend the use of temporary new
> accounts rather than temporarily removing the
> portffolio from the composite.
TRUE or FALSE??...... from GIPS quiz someone posted. i did well on test but i have honestly never heard of this after 4-5 readings.
i said false, because i hoped it was gibberish........... but i think it was true. not sure.
is this in the material?? institute/schweser??
thanks in advance!!! |