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Assume that on October 20, 2005, Firm X, which is in compliance with the Global Investment Performance Standards (GIPS), acquired the assets for Firm Z, which is not in compliance with the GIPS standards. Until what date may Firm X continue to claim compliance with the Standards before it must have the assets of Firm Z GIPS compliant? A. January 1, 2007. B. October 20, 2006. C. January 1, 2006. |