Q6. In 1995, the CFA Institute sponsored and funded the Global Investment Performance Standards (GIPS) in response to: A) an increase in insider trading. B) a need to address issues, such as portability of investment results. C) both of the reasons listed here.
Q7. Which of the following statements regarding the Global Investment Performance Standards (GIPS) is TRUE? The GIPS standards: A) are considered to be the minimum global standard for historical performance presentation. B) represent the highest performance measurement and presentation practice worldwide. C) are designed to supplement local standards of historical performance presentation in countries around the world.
Q8. As countries adopt the Global Investment Performance Standards (GIPS), which of the following is least likely to occur?
A) Existing and potential clients will be able to make fair and unambiguous comparisons among investment firms. B) The trend toward cross country investments will decline. C) Competition in the global investment industry will be enhanced.
Q9. A good way to describe the Global Investment Performance Standards (GIPS) is a:
A) common yardstick for means of comparison. B) screening mechanism for determining appropriate international investments. C) legal doctrine with criminal penalties.
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发表于 2009-1-6 10:38
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