Ethical and Professional Standards Q154

154Which of the following is least likely a feature of the GIPS standards?

A
The GIPS standards rely on the integrity of input data.
B
Firms must comply with all requirements of the GIPS standards, including any updates, Guidance Statements, interpretations, Questions & Answers (Q&As), and clarifications published by CFA Institute and the GIPS Executive Committee.
C
The GIPS standards promote the use of accurate and consistent investment performance data.

Option : C
Explanation : This is a goal of the GIPS Executive Committee and not a key feature

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