【羿文寄语】不积跬步无以至千里，考试并没有我们想象中那么难，要相信自己的能力！只有坚持才能取得最后的胜利！

CFA考试Level Ⅰ

【单选题】

Which of the following is most likely a recommended procedure for complying with the Standard on performance presentation?

A.Exclude terminated accounts from past performance history.

B.Present the performance of a representative account to show how a composite has performed.

C.Consider the level of financial knowledge of the audience to whom the performance is presented.

答案：C

【解析】Recommendations stated in Standard III (D) Performance Presentation include considering the sophistication and knowledge of the audience when presenting performance data.Other recommendations are to include terminated accounts in past performance history; to present the performance of a composite as a weighted average of the performance of similar portfolios, rather than using a single representative account; and to maintain the records and data that were used to calculate performance.