An investment management firm, Investco, Inc., was recently audited by the United States Securities and Exchange Commission (SEC). Investco included the following statement in its performance presentation report: "This report has been verified as GIPS compliant by Investco's Compliance Department and the United States Securities and Exchange Commission." Does this constitute acceptable verification under GIPS?
A.No,only one party may perform GIPS verification.
B.No,neither party involved in the audit constitutes an acceptable GIPS verification.
C.Yes,because an audit was performed implicitly by the SEC and explicitly by the firm's audit team.
参考答案与解析：
-
相关试题
-
Alpha Advisors Inc. is an investment management firm with a client base that ranges from individuals
-
[单选题]Alpha Advisors Inc. is an investment management firm with a client base tha
- 查看答案
-
Jack Steyn, CFA, recently became the head of the trading desk at a large investment management firm
-
[单选题]Jack Steyn, CFA, recently became the head of the trading desk at a large in
- 查看答案
-
Torval, Inc. retires debt securities by issuing equity securities. This is considered a:
-
[单选题]Torval, Inc. retires debt securities by issuing equity securities. This is
- 查看答案
-
Whenever an investment management firm presents investment performance in compliance with the Global
-
[单选题]Whenever an investment management firm presents investment performance in c
- 查看答案
-
Richard Cardinal, CFA, is the founder of Volcano Capital Research, an investment management firm who
-
[单选题]Richard Cardinal, CFA, is the founder of Volcano Capital Research, an inves
- 查看答案
-
Bernard Bailyn has recently reinterpreted the early history of the United States by applying new soc
-
[单选题]Bernard Bailyn has recently reinterpreted the early history of the United S
- 查看答案
-
Bernard Bailyn has recently reinterpreted the early history of the United States by applying new soc
-
[单选题]Bernard Bailyn has recently reinterpreted the early history of the United S
- 查看答案
-
Bernard Bailyn has recently reinterpreted the early history of the United States by applying new soc
-
[单选题]Bernard Bailyn has recently reinterpreted the early history of the United S
- 查看答案
-
Bernard Bailyn has recently reinterpreted the early history of the United States by applying new soc
-
[单选题]Bernard Bailyn has recently reinterpreted the early history of the United S
- 查看答案
-
Bernard Bailyn has recently reinterpreted the early history of the United States by applying new soc
-
[单选题]Bernard Bailyn has recently reinterpreted the early history of the United S
- 查看答案
