Why should I choose AnalystNotes?
AnalystNotes specializes in helping candidates pass. Period.
Basic Question 0 of 7
The GIPS standards require that ______
II. benchmarks should be selected after the fact.
III. composites should be created on an ex-ante basis.
IV. composites should be created after the fact.
I. benchmarks should be selected on an ex-ante basis.
II. benchmarks should be selected after the fact.
III. composites should be created on an ex-ante basis.
IV. composites should be created after the fact.
User Contributed Comments 5
| User | Comment |
|---|---|
| omya | Benchmarks n composites should both be selected ex ante basis... |
| nabilhjeily | what do we mean by benchmarks here |
| johntan1979 | Benches with marks on them |
| abellochs | good one |
| Kennyk11 | Ex ante literally means "before the event(fact)" in Latin. This is so that no one can have an unfair advantage since everybody is on the same boat before the event occurs. http://www.investopedia.com/terms/e/exante.asp |
I used your notes and passed ... highly recommended!
Lauren
Learning Outcome Statements
compare the value and price of forward and futures contracts
explain why forward and futures prices differ
CFA® 2025 Level I Curriculum, Volume 5, Module 6.