NO.PZ2023021601000051
问题如下：
With respect to the portfolio management process, the asset allocation is determined in the
选项：
A.planning step. B.feedback step. C.execution step.解释：
The client's objectives and constraints are established in the investment policy statement and are used to determine the client's target asset allocation, which occurs in the execution step of the portfolio management process.the execution step : asset allcation deceision
the planning step: the strategic asset allocation
这是对的吗？
