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Brown and Brown Associates is a money management firm that is advertising that it is GIPS compliant. In its advertisements, the statement that the firm can use in claiming compliance is: A. “Brown and Brown Associates has prepared and presented this report in compliance with the Global Investment Performance Standards (GIPS®)”. B. “CFAI confirms that Brown and Brown Associates are in compliance with the Global Investment Performance Standards (GIPS®)”. C. “Brown and Brown Associates claims compliance with the Global Investment Performance Standards (GIPS®)”. |