Ultimate access to all questions.
Upgrade Now 🚀
Sign in to unlock AI tutor
Which of the following procedures is recommended for compliance with the Standard on Suitability?
A
Procedure 1 only, which involves reviewing an investor's objectives and constraints annually unless circumstances necessitate more frequent reviews.
B
Procedure 2 only, which requires considering performance measurement benchmarks when formulating an investment policy statement.
C
Both Procedure 1 and Procedure 2, as both are necessary for full compliance with the Standard on Suitability.
