开发者:上海品职教育科技有限公司 隐私政策详情

应用版本:4.2.11(IOS)|3.2.5(安卓)APP下载

sion · 2020年04月06日

问一道题:NO.PZ201603110100003501

* 问题详情,请 查看题干

问题如下:

1. Which statement most accurately describes a requirement of the GIPS standards? Maven must be satisfied that Excedent’s composite benchmarks are:

选项:

A.

free from systematic bias.

B.

consistently applied over time.

C.

unambiguous, investable, and measurable.

解释:

GIPS Provision IV.B.2.a.vii states, "Verifiers must perform sufficient procedures to determine that: The composite benchmark reflects the investment mandate, objective, or strategy of the composite." (See Section 6 of the reading.)

C为何不对

1 个答案
已采纳答案

Olive_品职助教 · 2020年04月07日

嗨,从没放弃的小努力你好:


C选项所涉及的内容在教材GIPS这个reading的“Section 7 other issues”中,这部分涉及的内容并非GIPS中的条款,这部分是关于after-tax returns相关事项的讨论,因为不同国家地区税收差异较大,GIPS中并不要求对after-tax returns的披露,这里是一个补充的讨论。关于after-tax performance benchmarks,教材提到合适的after-tax performance benchmarks应该有“unambiguous, investable, measurable, specified or agreed upon in advance, and consistent with the investment strategy or style of the portfolio or composite”以及“They should additionally reflect the client’s tax status”这些特性。

所以C选项并不是verifier所需要确认的。B选项对应的原版书内容如下:

可以看出这段话的主题反复强调的就是“consistent”


-------------------------------
虽然现在很辛苦,但努力过的感觉真的很好,加油!