CFA Practice Question

There are 361 practice questions for this study session.

CFA Practice Question

Which of the following is true? The firm can claim compliance ______.
A. even if its track record is less than five years
B. without all of its composites meeting the GIPS requirements
C. with a "moving window" of five-year compliance results
Explanation: If the firm has been in existence for less than five years, it can claim compliance since its inception; Disclosure of this fact is required.

User Contributed Comments 6

User Comment
MUSK What is a "moving Window"
wollogo An example would be if I had 10 years of performance but was only showing the last 5.
achu That would be GIPS compliance.
sheenalim why is the moving Window answer wrong?
jpducros to wollongo : or the first five
ascruggs92 Moving window needs to be 10 years, not 5
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