Goldman Services hired a new clerk to keep custody of and maintain all the equipment in the equipment yard. The clerk has not yet been adequately trained on the maintenance needs of the equipment. Which internal control procedure needs strengthening?
A) assignment of responsibilities
B) competent, reliable, and ethical personnel
C) separation of duties
D) documents
B) competent, reliable, and ethical personnel
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Which of the following business practices focuses specifically on designing the organization and setting up processes to respond quickly to changes in the environment?
A) benchmarking B) outsourcing C) focusing D) accelerating E) globalizing
The initial court appearance for a person accused of a crime during which the government attorney presents the criminal charges is called:
a. nolo contendere b. an appearance c. an arraignment d. a demurrer e. an indictment
What is defined as the degree to which a given individual believes an event will happen?
a. Relative frequency b. Personal probability c. Equally likely outcomes d. Proportion
Assume that stock market returns do follow a single-index structure. An investment fund analyzes 217 stocks in order to construct a mean-variance efficient portfolio constrained by 217 investments. They will need to calculate ________ estimates of expected returns and ________ estimates of sensitivity coefficients to the macroeconomic factor.
A. 47,089; 47,089 B. 217; 47,089 C. 217; 217 D. 47,089; 217 E. None of the options are correct.