The fact that records are kept by fund management is:
A)A weakness,as it provides a paper trail that can be used in an audit
B)A strength,as it can provide you with information about performance
C)A weakness,as it is used to justify the management expenses
D)None of the above
E)Both a and c

Question

Quizplus · Accepted Answer

Keeping records is a strength as it provides you with information about performance that can be used to evaluate the success of the fund.

The Fact That Records Are Kept by Fund Management Is