无法理解

NO.PZ2022010601000005问题如下 F manages the securities investment portfolio for company G. The cash helin the investment portfolio is investethe existing custobank of Company G, this, F es not control this cash investment. es F have to inclu cash ancash equivalents in the calculation of portfolio returns? A.YesB.No, the cash is not controlleFC.No, F es not have scretion over the selection of the custoan A is correct. The GIPS stanr state, “Returns from cash ancash equivalents must incluin all return calculations, even if the firm es not control the specific cash investment(s).” 现金和现金等价物的回报必须包括在所有回报计算中，即使公司不控制特定的现金投资。 记得讲课里面有一个地方是说如果外部机构不是manager可以决策选择的，或者盈利方式不是manager能决定的，就不能放到composite里，那个知识点是哪里呢？

NO.PZ2022010601000005 问题如下 F manages the securities investment portfolio for company G. The cash helin the investment portfolio is investethe existing custobank of Company G, this, F es not control this cash investment. es F have to inclu cash ancash equivalents in the calculation of portfolio returns? A.Yes B.No, the cash is not controlleF C.No, F es not have scretion over the selection of the custo A is correct. The GIPS stanr state, “Returns from cash ancash equivalents must incluin all return calculations, even if the firm es not control the specific cash investment(s).” 现金和现金等价物的回报必须包括在所有回报计算中，即使公司不控制特定的现金投资。 custo 公司不是由G指定的么，F没权决定在哪托管，不是不应该算进asset里面吗

NO.PZ2022010601000005 No, the cash is not controlleF No, F es not have scretion over the selection of the custo A is correct. The GIPS stanr state, “Returns from cash ancash equivalents must incluin all return calculations, even if the firm es not control the specific cash investment(s).” 没明白都不能control了为啥还要包括？