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NEW QUESTION: 1
Which of the following is/are required by AIMR-PPS with regards to calculation of returns?
I. The return for after-tax composites that hold both taxable and tax-exempt securities should be stated on an equivalent, "pre-tax" basis.
II. Real Estate must be appraised annually unless client agreements state otherwise.
III. For commingled fund-of-funds structure, segregated Irrs net of trading expenses must be presented.
A. I and III only
B. I, II and III
C. III only
D. none of them
Answer: D
Explanation:
Explanation/Reference:
Explanation:
The return for after-tax composites that hold both taxable and tax-exempt securities should be stated on an
"after-tax" basis and should not be "grossed" up. Real Estate investments must be appraised every three years and the valuations reviewed quarterly unless client agreements state otherwise. For separately managed accounts commingled fund-of-funds structure, cumulative Irrs net of trading expenses must be presented.

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The deviation of the measured value from the actual value regardless of the operator is known as
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B. Bias
C. Movement
D. Repeatability
Answer: B

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You work as an Office Assistant for InfoTech Inc. He is creating a presentation through PowerPoint
2007. He wants to customize the alignment of text in a textbox so that it appears in the middle. Mark the option that you will choose to accomplish the task.
Answer:
Explanation:


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