Whenever an investment management firm pre

问题：

Whenever an investment management firm presents its investment performance as being in compliance with the Global Investment Performance Standards (GIPS), it must state how it defines itself as a firm. Under GIPS, a firm may define itself for the purpose of claiming GIPS compliance using any of the following options EXCEPT when:（）

A. all assets are managed to one or more base currencies.

B. an investment firm, subsidiary, or division is held out to clients or potential clients as a distinct business unit.

C. the subsidiary or division of a company claims GIPS compliance when the parent company is GIPS compliant.