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NEW QUESTION: 1
According to the AIMR-PPS, assets assigned to subadvisors that are not part of the firm
A. are included in total firm assets at the investment manager's discretion and information regarding their inclusion should be included in the disclosures.
B. are not to be included in total firm assets and their performance record is, therefore, not part of the firm's performance record.
C. are to be included in total firm assets, hence, their performance record is part of the firm's performance record.
D. are to be included in total firm assets, however, because they are subadvisors, their performance record is not part of the firm's performance record.
Answer: B
Explanation:
Explanation/Reference:
Explanation:
Total firm assets are defined to include all discretionary and nondiscretionary assets. Assets assigned to subadvisors that are not part of the firm are not to be included in total firm assets and their performance record is, therefore, not part of the firm's record.

NEW QUESTION: 2
Policy holders of whole life insurance use the cash dividends in many ways as:
A. To pay more term insurance
B. To lower or vanish premium
C. All of these
D. To purchase more insurance
Answer: C

NEW QUESTION: 3
Was kenzeichnet die Decke Bestellpositionen (Positionstyp B)?

A. Option B
B. Option D
C. Option C
D. Option A
Answer: D