Modern portfolio theory seeks to minimize risk and maximize return by combining highly correlated assets

Indicate whether the statement is true or false.

Answer: FALSE

Business

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When a business records accrued interest expense on a note payable ________

A) Interest Expense is credited B) Note Payable is credited C) Cash is debited D) Interest Payable is credited

Business

What would be the ownership form for property that is solely owned by a married woman?

A. Community property B. Tenancy in common C. Ownership in severalty D. Ownership in partnership

Business