An efficient portfolio 1 . maximizes risk for a given return 2 . minimizes risk for a given return 3 . maximizes return for a given level of risk 4 . minimizes return for a given level of risk

a. 1 and 3
b. 1 and 4
c. 2 and 3
d. 2 and 4

c

Business

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The most accurate term for the risk that the auditor may express an inappropriate opinion on financial statements that are materially misstated is

A. Detection risk. B. Control risk. C. Audit risk. D. Business risk.

Business

Management contracting consists of one company joining forces with foreign investors to create a local business in which they share possession and control

Indicate whether the statement is true or false

Business