According to the AIMR-PPS, subsectors or carve-outs of larger international composites
Posted: Sun Aug 07, 2022 5:58 pm
According to the AIMR-PPS, subsectors or carve-outs of larger international composites
A. may be used to create stand-alone composites only if the subsectors are actually managed as separate entities, they need not have their own cash allocations or currency management.
B. may be used to create stand-alone composites only if the subsectors are actually managed as separate entities with their own cash allocations and currency management.
C. may never be included in the composite with the parent company.
D. may never be used to create stand-alone composites under any circumstances. B
A. may be used to create stand-alone composites only if the subsectors are actually managed as separate entities, they need not have their own cash allocations or currency management.
B. may be used to create stand-alone composites only if the subsectors are actually managed as separate entities with their own cash allocations and currency management.
C. may never be included in the composite with the parent company.
D. may never be used to create stand-alone composites under any circumstances. B