Which of the following is not an advantage of using a "highly achievable target" when constructing budgets?
What will be an ideal response?
Increasing the risk that managers will engage in "earnings management" behavior.
Business
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Which of the following guidelines are appropriate for inclusion in a portfolio management policy?
I. Diversify among different types of securities and across industry and geographic lines. II. Determine the risk level and financial situation of the individual investor. III. Utilize beta to help align the portfolio to the risk level of the investor. IV. Minimize the standard deviation of each security in the portfolio. A) I, II and IV only B) II, III and IV only C) I, II and III only D) I, II, III and IV
Business
UDP provides guaranteed delivery of messages
Indicate whether the statement is true or false
Business