Task: Class Definition Understanding (ontology: Business_Finance/Financial_Industry_Business_Ontology)

Which of the following definitions best describes 'annual reporting policy'?

A. For a fund which is constituted under the law of contract, the constitution or articles that define the fund. These are embodied in a Contract.
B. Limitations that apply to the fund as a whole, such as risk factors. these are used to determine whether the fund is appropriate for a given type of investor to invest in.
C. Reports are presented twice a year.
D. Reports are presented once a year

Answer: Reports are presented once a year