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Up2
Which of the following issues most strongly illustrates one of the needs for the Global Investment Performance Standards?
- Insider trading
- Survivorship bias
- Fraud
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Up7
The Global Investment Performance Standards (GIPS) are a
consistent baseline that companies can follow to give credibility to their
performance results. They came about because companies were taking advantage of
all sorts of potential biases to
skew performance results in their favor.
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