CFA Practice Question

There are 356 practice questions for this topic.

CFA Practice Question

When a firm initially presents its historical performance record, ______

I. it is required to present at least five years of annual performance.
II. it should not present more than five years of annual performance.
III. it is encouraged to present more than five years of annual performance.
A. I only
B. I and III
C. II and III

User Contributed Comments 5

User Comment
MattNYC Isn't performance presentation after 5 years mandatory on an annual basis??
nike it's recommended but not required.
rrichmondo show GIPS compliant history for a minimum of five years or since inception of the firm or composite if in existence less than 5 years
lux240392 got confused why answer is not just I, question states "initially"
dima332 The same question as by the previous use
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