Answer:
The correct answer is True.
Explanation:
In the context of the audit of financial statements, fraud consists of recording intentional errors in the financial statements. The two main fraud categories are: fraudulent financial reports and asset misappropriation.
Fraudulent financial reports are characterized by containing errors or intentional omissions in the amounts with the intention of deceiving users. Most cases of fraudulent financial reports overestimate assets and income or omit financial liabilities and expenses to show higher income.
Answer:
B
Explanation:
Systemic risk are risk that are inherent in the economy. They cannot be diversified away. They are also known as market risk. examples of this risk include recession, inflation, and high interest rates. Investors should seek compensation for systemic risk. Systemic risk is measured by beta. The higher beta is, the higher the systemic risk and the higher the compensation demanded for by investors
Market index fund is riskless and would have a beta of 1
by investing half in a riskless and half in a risky asset. beta would be equal to 1
Answer:
B. is so near its maturity that it presents insignificant risk of changes in interest rates
Explanation:
please see attachment
On a worksheet, select the cell or range of cells that you want to add a border to. Then, on the Home tab, go to the Font group and click the arrow next to Borders. There you shall be able to click a border style.
Answer:
An energy mutual fund
Explanation:
An energy mutual fund is like a normal fund, with the difference that it invests your portfolio only on energy-sector companies, for example: oil companies, natural gas companies or coal companies (although these tend to be neither as profitable nor as common).
If you go to an energy mutual fund, you will be offered investment options such as common stock, preferred stock and corporate bonds, and you money will be spread in among those investment instruments. Your portfolio will be diversified in a sector that usually has good economic prospects.
