- In the event of any significant external cash > flows, GIPS recommend the use of temporary new > accounts rather than temporarily removing the > portffolio from the composite. TRUE or FALSE??.. from GIPS quiz someone posted. i did well on test but i have honestly never heard of this after 4-5 readings. i said false, because i hoped it was gibberish… but i think it was true. not sure. is this in the material?? institute/schweser?? thanks in advance!!!
hey bruin, think that was my quiz. it’s a recommendation of GIPS, but NOT required. definitely in the GIPS.
cdogstu77 Wrote: ------------------------------------------------------- > hey bruin, think that was my quiz. it’s a > recommendation of GIPS, but NOT required. > definitely in the GIPS. hey, CDOG, sorry for the lack of attribution to you. just in a huge rush. much appreciated on response?? is it in schweser?? so it’s recommended that you set up a new temporary account.
TEMPORARY NEW ACCOUNT is still a recommendation.