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According to the AIMR-PPS, ________ are defined to include all discretionary and nondiscretionary assets.
Suggested Answer: C
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20 comments · newest first
GL
Glenna
4 days ago
C) total firm assets could also fit, but not sure.
PO
Portia
10 days ago
I agree, it makes sense for discretionary assets.
CH
Chaya
15 days ago
I think the answer is A) individually managed assets.
SY
Sylvie
20 days ago
I agree, A is the most specific option.
KA
Kattie
25 days ago
D seems too broad for this question.
DE
Dexter
1 month ago
Good point, but what about D) global assets?
BE
Beth
1 month ago
True, but AIMR-PPS focuses on management style.
SY
Sylvie
1 month ago
But C covers everything the firm has, right?
KA
Kattie
2 months ago
A makes sense, all assets should be included.
DE
Dexter
2 months ago
I feel like it could be C) total firm assets.
BE
Beth
2 months ago
I think the answer is A) individually managed assets.
MY
Myra
2 months ago
I believe it's A) as well, makes the most sense.
MA
Mable
2 months ago
Sounds too broad, how can they include nondiscretionary?
MA
Maddie
2 months ago
Wait, are you sure? I thought it was C) total firm assets.
MI
Mike
3 months ago
Totally agree, that's what I read too.
CH
Chantay
3 months ago
A) individually managed assets is correct!
JA
Jamie
3 months ago
I feel like I’ve seen this concept before, and it’s definitely about discretionary assets, so A seems right to me.
LU
Lucina
3 months 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.
LI
Linwood
3 months ago
I remember practicing a similar question about asset classifications, and it seems like total firm assets could fit, but I’m hesitant.
CA
Catarina
3 months ago
I think the answer might be A) individually managed assets, but I'm not completely sure.