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- 2013-10-9
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The answer was 10. They been GIPS compliant for seven years, but when they initially became compliant, they had to have five years then. Because 12 (5 + 7) is more than the required 10, 10 is all that is necessary.
The key point in this question is that the firm HAS BEEN GIPS compliant for seven years, not around for seven years. |
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