答案和详解如下： 1.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. D) Real Estate. The correct answer was C) “Implementation” is not a name of one of the eight major sections of the GIPS standards. 2.The section of the Global Investment Performance Standards (GIPS) that outlines defining the firm and documenting firm policies and procedures is: A) Presentation and Reporting. B) Disclosures. C) Input Data. D) Fundamentals of Compliance. The correct answer was D) According to Section 0, Fundamentals of Compliance, the definition of the firm is the foundation for firm-wide compliance and creates boundaries in order to determine total firm assets. 3.Within the Global Investment Performance Standards (GIPS) are supplemental provisions which must be applied to which of the following asset classes? A) Emerging markets and private equity. B) Private equity and real estate. C) Hedge funds and derivatives. D) Alternative investments and derivatives. The correct answer was B) The GIPS standards do not address performance measurement or coverage of all asset classes, but sections 6 and 7 are supplemental provisions which must be specifically applied private equity and real estate. 4.The provisions for each section of the Global Investment Performance Standards (GIPS) are divided between: A) fee-paying and non fee-paying portfolios. B) minimum standards and recommendations. C) requirements and recommendations. D) discretionary and non-discretionary portfolios. The correct answer was C) Firms must meet all requirements in order to claim compliance with the GIPS standards, and are encouraged to adopt and implement the recommendations. | 
发表于 2008-5-15 15:08
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