Which method is used for monitoring the comprehensive financial activities within a UITF?

The method identified as being used for monitoring the comprehensive financial activities within a Unit Investment Trust Fund (UITF) is pooled fund accounting. This accounting method allows for the aggregation of funds from various investors, enabling the UITF to invest as a single entity. Pooled fund accounting is instrumental in tracking the collective investments and their performance while maintaining a clear record of each investor's proportionate share in the fund. It simplifies the reporting process and effectively reflects the combined outcomes of multiple investments made within the UITF, which is essential for transparency and accurate reporting to the investors.

In contrast, other methods mentioned serve different purposes. Standard accrual accounting focuses on recording revenues and expenses when they occur, regardless of when cash transactions happen but may not adequately reflect the specific nuances of pooled investments. Activity-based accounting assigns costs to specific activities, which may not be pertinent in a pooled investment context. Risk-adjusted performance measurement is a technique used to evaluate the returns of an investment, taking into account the risk involved, but does not directly pertain to the comprehensive monitoring of financial activities within the fund.