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LeReaux Investment Management has created the performance presentation shown below. LeReaux, in existence since 1993, believes its presentation complies with the Global Investment Performance Standards (GIPS).
Which of the following is NOT an error or omission in LeReaux’s presentation that renders it non-compliant with GIPS? GIPS requires firms to: A. disclose whether performance results are calculated gross or net of fees. B. present five years of compliant performance. C. disclose whether accrual accounting was used for dividends. | |||||||||||||||||||||||||||||||||||||||||||||||||