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CFA Level 1 Question of the Week - Ethical and Professional Standards
Which of the following statements is most accurate regarding the requirements of GIPS compliance?
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CFA Level 1 Question of the Week - Ethical and Professional Standards 2 votes
A. Changes in a firm's organizations must lead to alteration of historical composite performance.
B. Firms must comply with all applicable laws/regulations regarding the calculation and presentation of performance.
C. The GIPS must be applied on a composite-wide basis.