According to the AIMR- PPS when presenting results, annual returns for all years must be presented. Performance for periods of less than one year

According to the AIMR- PPS when presenting results, annual returns for all years must be presented. Performance for periods of less than one year
A . must be treated as all of the other performance results.
B . must not be included in the presentation.
C . must not be annualized.
D . must be prorated and appropriate disclosures made.

View Answer

Answer: C

Explanation:

Annual returns for all years must be presented. Performance for periods of less than one year must not be annualized. This is a requirement for presentation of results.