QUESTIONS 1 THROUGH 18 RELATE TO ETHICAL AND PROFESSIONAL STANDARDS.

3. bases the performance on a representative individual account.

Based on the above information, which of the following is the most appropriate

recommendation to help Brimberg meet the CFA Institute Standards of Professional

Conduct in her performance presentations? She should present performance based on:

A. a gross of fee basis.

B. actual not simulated results.

C. a weighted composite for all similar portfolios.

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