Are These Entities Affiliates? Exercise 4 Chart 100% ownership, 55% fund assets Fund 1 GP/RIA 1% ownership in both funds 30% ownership. 4% fund assets Port. Co. A Audit Client Port Co. B Fund 2 Immaterial to GP 90% ownership, 10% fund assets 10% ownership, 55% fund assets Port. Co. C Port. Co. D Image transcription text Are These Entities Affiliates? Exercise 4 Chart GP/RIA 1% ownership in K both funds Fund 1 Fund 2 Immaterial to GP 100% 30% 90% 10% ownership, ownership, ownership, ownership, 55% fund assets K 4% fund 10% fund 55% fund assets assets K assets Port. Co. A Port. Co. C Port. Co. D Audit Client Port. Co. B Question: Which of the entities on the chart are affiliates of the audit client Port Co A? Where Port. Co. B belong to? (Affiliate or Not an Affiliate) Where Port, Co. C belong to? (Affiliate or Not an Affiliate) Where Port, Co. D belong to? (Affillate or Not an Affiliate) Where GP/RIA belong to? (Affiliate or Not an Affiliate) Where is Fund1 belong to? (Affiliate or Not an Affiliate) Where is Fund2 belong to? (Affiliate or Not an Affiliate)