Ethical and Professional Standards Q140
0. The objective of creating GIPS standards was:
- A
to increase comparability among investment management firms based on standardized rules within a country.
- B
to establish global, standardized, industry-wide rules for calculating and presenting investment performance.
- C
to communicate all relevant information regarding the company and industry forecasts to existing clients.
- Option : B
- Explanation : C is incorrect because the objective is to communicate all relevant information of historical results to prospective clients.
