Standard V (B) Compliance with Performance Presentation Standards | Exam Preparation Guide

Standard V (B) Compliance with Performance Presentation Standards

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Question

According to Standard V (B), firms can claim compliance with the PPS only if their presentation is ________ in compliance with the Performance Presentation

Standards in all material respects.

Answers

Explanations

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A. B. C. D. E.

C

If members or firms want to claim compliance with PPS, their presentation must be fully in compliance with the PPS in all material respects. To claim compliance with the PPS without meeting the mandatory requirements of the PPS is a violation of Standard V (B).

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