Answer:
B. The portfolio expected rate of return must be the same for each economic state.
Explanation:
Variance formula = sum of (probability x (r - mean)^2)
r= expected return
if the expected return would be same for each economic state then the mean would equal to expected return which ultimately will give variance zero ( as r-mean would be 0).
Hence the correct option is B. The portfolio expected rate of return must be the same for each economic state.
Answer: E) They need to define the task and maintenance.
Explanation:
Conscientiousness means being thorough and careful in one's task performance. A team that is low on Conscientiousness need to define task and maintenance.
A code of conduct is a set of guidelines for helping a firm make ethical decisions. It <span>states the principles and expectations governing the behavior of individuals and organizations in the conduct of internal auditing. Hope this answers the question.</span>
Answer:
minimize
Explanation:
Tax Liability refers to the tax amount owed by the person or company and which is paid to the local tax authorities. However, there are certain rules that assist in calculating the tax liability of an individual or company. In order to minimize this amount an individual or a company needs to properly plan their financial benefits (such as income, savings and/or dividends) and discuss with tax consultant on the best way to minimize the tax liability.
