单选题 Which of the following best describes the underlying principles upon which the Global Investment Performance Standards (GIPS) are based? A. Fair and consistent application of a global set of regulatory requirements. B. Fair treatment of entities associated with securities law infractions. C. Full disclosure and fair representation of performance results.
【正确答案】 C
【答案解析】The GIPS standards are a set of voluntary standards based on the fundamental principles of full disclosure and fair representation of performance results.