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CFA Institute CFA-Level-I Exam - Topic 3 Question 34 Discussion

According to the AIMR-PPS, ________ are defined to include all discretionary and nondiscretionary assets.
C) total firm assets
A) individually managed assets
D) global assets

CFA Institute CFA-Level-I Exam - Topic 3 Question 34 Discussion

Actual exam question for CFA Institute's CFA-Level-I exam
Question #: 34
Topic #: 3
[All CFA-Level-I Questions]

According to the AIMR-PPS, ________ are defined to include all discretionary and nondiscretionary assets.

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Suggested Answer: C
by Roselle at Jun 27, 2026, 01:50 AM

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Lucina
2 days ago
I vaguely recall that global assets might refer to a broader category, but I don't think that's what the AIMR-PPS is focusing on.
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Linwood
7 days ago
I remember practicing a similar question about asset classifications, and it seems like total firm assets could fit, but I’m hesitant.
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Catarina
12 days ago
I think the answer might be A) individually managed assets, but I'm not completely sure.
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