Decentralization has the key advantage of letting decisions be made by those who directly deal with customers, competitors, and markets

The condition that Haley cannot remember in his Statement #2 is that the:

A. cash flows in the portfolio must be dispersed around the horizon date. B. cash flows in the portfolio must be concentrated around the horizon date. C. distribution of durations of individual assets in the portfolio must have a wider range than the distribution of the liabilities.

A frontal attacking strategy is another name for identifying shifts that are causing gaps to develop, then rushing to fill the gaps

Indicate whether the statement is true or false