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NEW QUESTION: 1
In reference to AIMR-PPS, which of the following is/are true?
I. If the valuation of an investment asset is not based on current market value, it should not be included in total assets to which PPS are being applied.
II. Composites cannot not be presented as being in compliance unless all the firm'squalifying portfolios are accounted for in at least one composite defined according tosimilar strategy or investment objective.
III. A subsidiary may claim to be in compliance with the PPS even if the parent firm is not.
A. II and III only
B. I and III only
C. I, II and III
D. II only
Answer: C
Explanation:
Explanation/Reference:
Explanation:
Assets to which AIMR-PPS cannot be applied are not to be considered while considering compliance. For example, investment instruments like the GIC whose valuation is not based on market conditions, must be excluded.

NEW QUESTION: 2
When should non conformance costs be analyzed?
A. At the beginning of the project as part of risk planning.
B. At the end of the project as part of the preparation for lessons learned and post cost calculation.
C. Regularly, in order to identify root causes and take corrective actions.
D. This is not required as non conformance costs are product related and analyzed on a global level.
Answer: C

NEW QUESTION: 3

A. Declarations
B. Visual Assets
C. Application UI
D. Capabilities
Answer: D

NEW QUESTION: 4

A. Option B
B. Option A
C. Option D
D. Option C
Answer: C

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