单选题 The section of the Global Investment Performance Standards (GIPS) that outlines defining the firm and documenting firm policies and procedures is:

A、

A. Presentation and Reporting.
B、

B. Disclosures.
C、

C. Fundamentals of Compliance.

【正确答案】 C

【答案解析】According to Section 1, Fundamentals of Compliance, the definition of the firm is the foundation for firm - wide compliance and creates boundaries in order to determine total firm assets.