Samuel Parkin, a principal of Argor Advisers, is in charge of preparing the firm's performance history in accordance with GIPS. Parkin is careful to include every portfolio managed into a composite for reporting. At the end of each year, he assigns each portfolio to a single composite. He calculates the total return on each portfolio and averages them to calculate the composite performance for the year. With respect to his assignment of portfolios to composites and his calculation of composite total returns, has Parkin violated the requirements of GIPS? —

单选题 编号：2692186

1. Samuel Parkin, a principal of Argor Advisers, is in charge of preparing the firm's performance history in accordance with GIPS. Parkin is careful to include every portfolio managed into a composite for reporting. At the end of each year, he assigns each portfolio to a single composite. He calculates the total return on each portfolio and averages them to calculate the composite performance for the year. With respect to his assignment of portfolios to composites and his calculation of composite total returns, has Parkin violated the requirements of GIPS?

A.Both of these actions violate GIPS.
B.Neither of these actions violates GIPS.
C.Only one of these actions violates GIPS.

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