Performance Presentation Standards | CFA® Level 1: CFA® Level 1

Performance Presentation Standards

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Question

Performance Presentation Standards state that subsectors of larger international composites may be used to create stand-alone composites only if the subsectors are managed as ________ entities.

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A. B. C. D.

D

Subsectors or carve-outs of larger international composites may be used to create stand-alone composites only if the subsectors are managed as separate entities with their own cash allocations and currency management.