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NEW QUESTION: 1
In allowing a claim of being in compliance with the PPS, AIMR requires that the compliance be on a
"firmwide" basis. Which of the following does not qualify as "a firm" in this requirement?
A. A subsidiary or a division of a parent organization.
B. None of these answers.
C. An entity registered with the appropriate regulatory authority.
D. A subset of assets managed in one or more base currencies.
Answer: D
Explanation:
Explanation/Reference:
Explanation:
The entire subset of a firm's assets which are managed in one or more bases currencies must be included in the definition of "a firm" as far as PPS is concerned. For example, an organization cannot claim a proper subset of the assets it manages in Netherlands as "a firm" and claim compliance for that subset. It must include the entire portfolio managed in the Netherlands Guilders.

NEW QUESTION: 2

A. Option C
B. Option D
C. Option A
D. Option B
Answer: D
Explanation:


b

NEW QUESTION: 3

A. 650 nm
B. 750 nm
C. 850 nm
D. 940 nm
Answer: D