Answer:
Tragedy of the Commons
Explanation:
The tragedy of the commons refers to a situation where the individual could access to the resources that are shared for their own interest.
So it is the market situation where the participant expolited the resources also there is no limited for accessing the resources
So the above term should be considered for the given situation
Answer:
A. account balance being audited is fairly stated.
Explanation:
The auditors principal objective when using a sample of tests of details of balances is to know whether the account balance being audited is fairly stated.
To select a sample size for substantive tests of balances, the auditor should consider a decrease in the tolerable misstatements in order to have a larger sample.
Answer:
Option B
Explanation:
Both Nadia and Samantha have insured their cars and willing to pay $100 over the expected loss for insurance. If the car is stolen the company would pay expected loss and would earn nothing and if the car is not stolen the company would not be liable for any loss and would earn $200, Therefore the company would earn between $0 and $200.
Answer:
The correct answer is False, this is an example of active asset allocation with passive security selection.
Explanation:
An asset allocation is defined as the decisions handled by a portfolio manager where combinations and weights are related to the assets in an investment portfolio. These actions are applied considering the risk associated with the investor, in order to anticipate the potential returns of the investment portfolio.
