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Performance attribution is useful for:Review LaterFiguring out which member of the investment team to blame for losses.Determining which geographic areas and/or industries provided profits and which resulted in losses.Determining where a Portfolio Manager has demonstrated expertise in the performance period and, perhaps, where s/he should focus in the future.Both B and C

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Performance attribution is useful for:Review LaterFiguring out which member of the investment team to blame for losses.Determining which geographic areas and/or industries provided profits and which resulted in losses.Determining where a Portfolio Manager has demonstrated expertise in the performance period and, perhaps, where s/he should focus in the future.Both B and C

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The correct answer is "Both B and C". Performance attribution is useful for determining which geographic areas and/or industries provided profits and which resulted in losses. It also helps in determining where a Portfolio Manager has demonstrated expertise in the performance period and, perhaps, where s/he should focus in the future. It is not used for blaming any member of the investment team for losses.

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