GIPS-man Quiz #7

Beginning 1 January 2010, firms must have their real estate externally valued at least every: A) year (annually) B) two-years C) three-years

A

C

A

C Beginning 2012 is 1 years. Prior 2012 is 3 years.

Its C, every 3 years for 1/1/10

Correct answer is C, three years

Jan 2012 and after must be every year unless client agreements stipulate otherwise

its C cuz they mean external valuation!