Regulations require that each PCS account have an annual review performed by the home office using the ENV2 system. These reviews are designed to assess whether:

I. The account's investment strategy continues to match the client's goals/objectives.

II. The client's time horizon and/or risk tolerance has not changed.

Ill. The investments continue to remain in the client's best interest.

IV. The current allocation of the account deviates materially from its target allocation.

AI and lI only

B. I and Ill only

C. I, II, Ill and IV

D.Il and IV only