答案和详解如下: 1.The Global Investment Performance Standards (GIPS) apply to which of the following parties? A) A software firm that developed a software package that assists investment firms in achieving GIPS compliance. B) A plan sponsor for a pension fund established for retired teachers. C) The chief compliance officer for a regional money manager. D) An investment management firm located in Indonesia. The correct answer was D) Only an investment firm that actually manages assets can claim compliance with GIPS. 2.The Global Investment Performance Standards (GIPS) were designed to apply primarily to which of the following groups? A) Investment firms located in the 21 countries that have contributed significantly to promoting and developing the GIPS. B) Prospective and existing clients of investment firms that choose to decrease their resources devoted to investment due diligence. C) Investment management firms located worldwide that seek to comprehensively and accurately present historical investment performance. D) Investment management firms located in countries without locally accepted investment standards already in place. The correct answer was C) The GIPS were designed to become “the” worldwide standard for all investment firms seeking to present historical investment performance. |