单选题

Which of the following statements does not accurately represent the objectives of Global Investment Performance Standards (GIPS)? The GIPS standards:

A、 ensure consistent, accurate investment performance data in the areas of reporting, records, marketing, and presentations.
B、 obtain global acceptance of calculation and presentation standards in a fair, comparable format with full disclosure.
C、 promote fair competition among investment management firms in all markets by requiring common fee structures.

【正确答案】 C

【答案解析】

One of the objectives of the GIPS standards is to promote fair competition among investment management firms in all markets; this objective does not require unnecessary entry barriers or hurdles for new firms, such as common fee structures.