For ________ of five or fewer portfolios, the disclosure "five or fewer portfolios" may be made rather than a disclosure of the exact number of portfolios.
For ________ of five or fewer portfolios, the disclosure "five or fewer portfolios" may be made rather than a disclosure of the exact number of portfolios.
A . returns
B . investments
C . segments
D . composites
Answer: D
Explanation:
This is an exception allowed by AIMR when disclosing the list of composites.
Latest CFA Level 1 Dumps Valid Version with 3960 Q&As
Latest And Valid Q&A | Instant Download | Once Fail, Full Refund
                             Subscribe
                            
                        
                                            
                             Login                        
                    
                        0 Comments                    
                                        
                     Inline Feedbacks                    
                    View all comments
                 
	