Level III Question #18: LNJ Asset Management, Inc., would like to - TopicsExpress

Level III Question #18: LNJ Asset Management, Inc., would like to claim compliance with the Global Investment Performance Standards (GIPS). Which of the following statements would render LNJ ineligible for this claim? A. Portfolio valuations are on a cost basis. B. LNJ has only been in existence for four years. C. Prior to 2010, LNJ portfolios were not revalued on the date of large cash flows. Answer will be posted on May 28, 2014.

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