WITH RESPECT TO THE REFERENCE TO VERIFICATION CONTAINED IN THE COM...

2. - CFA 2018 EXAM LEVEL 3 DA4387 LEVEL III CFA MOCK EXAM 2018 AFTERNOON A
CFA 2018 EXAM LEVEL 3 DA4387 LEVEL III CFA MOCK EXAM 2018 AFTERNOON A

2. With respect to the reference to verification contained in the compliance statement in note 1 of

Exhibit 1, the presentation:

A. complies with GIPS.

B. fails to comply with GIPS because the verification period should include the most recent

year of performance.

C. fails to comply with GIPS because the examination of the composite should include the most

recent year of performance.