[CFA level 1模拟真题]Version 1 Questions－Q4 face, Investment, include, level, style

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Q4.According to the Global Investment Performance Standards (GIPS), verification procedures do NOT include:

A. disclosures..

B. calculation methodology.

C. sample account selection.

D. Nondiscretionary accounts.

 

答案和详解如下：

Q4.   B        Study Session 1-3.g,1-4,g

Verification procedures include a) definition of the firm; b) composite construction; c) nondiscretionary accounts; d) sample account selection; e) account review; f), performance measurement Calculation; g) disclosure; and h) maintenance of records. Calculation methodology is one of the eight major sections of the Global Investment Performance Standards (GIPS), not the verification process.

technet

c

jessicanyc

c

zbak47

A

一只船

f

denker5781

nm

fantasy_ln

see

47dx

c

ondesert

a

vivian1022

c