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Basic Question 4 of 7
Which statement(s) is (are) false?
II. The "Real Estate" provisions do not apply to real estate investments with leverage.
III. The GIPS standards mandate the use of certain calculation methodologies for composites, not for portfolios.
I. Disclosures are considered to be dynamic information, as a firm may disclose different information from period to period, depending on the performance of the firm.
II. The "Real Estate" provisions do not apply to real estate investments with leverage.
III. The GIPS standards mandate the use of certain calculation methodologies for composites, not for portfolios.
User Contributed Comments 2
| User | Comment |
|---|---|
| grew0001 | good question |
| tybe0012 | ouch |
I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz
Learning Outcome Statements
describe the key concepts of the GIPS Standards for Firms
CFA® 2025 Level I Curriculum, Volume 6, Module 4.