When work is organized into cost control accounts:
A) The work no longer needs to be tracked by the project manager.
B) The subdeliverables become cost centers instead of profit centers for the project.
C) These are assigned to the units performing project activities.
D) These budgets can then be assigned back to the project manager's department.
C
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Indicate whether the statement is true or false.
Which of the following is true of risk aversion?
A) Greater risk aversion results in lower required returns for each level of risk. B) A reduction in risk aversion causes the required return for each level of risk to increase. C) In general, widely shared expectations of hard times ahead tend to cause investors to become less risk averse. D) Changes in risk aversion, and therefore shifts in the SML, result from changing preferences of investors.