Which of the following summarizes the overall financial worth of an organization, such as assets and liabilities, at a specific point in time?

Which of the following is not true regarding investing in stocks?

A) They are risky, but not as risky as not investing in them. B) Mutual funds are an easy way to invest in stocks and diversify. C) You should let asset allocation decisions be guided by your time horizon. D) You should review the time dimension of investing. E) All of the above are true statements.

Perfection standards do not allow for poor-quality raw materials, waste in the production process, machine-breakdown, or other inefficiencies

Indicate whether the statement is true or false