SIE Understanding Trading, Customer Accounts and Prohibited Activities Practice Question 44

Question: 44

Which of the following statements is NOT true regarding benchmarks and indices?

A. They are not usually used to measure investment managers' performance.

B. They allow comparison of a security's return with that of similar securities.

C. They allow comparison of a security's return with that of investments other than securities.

D. They allow comparison of a security's return with compensation threshold conditions.