Investment A has an expected return of 7.8% with a standard deviation of 2%. Investment B has an expected return of 7.2% with a standard deviation of 3.1%. Which stock is more likely to have a return greater than 10%?
A) Stock A
B) Stock B
C) The probability is the same for both A and B.
D) Unable to determine.
B
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According to studies, how often were inaccuracies discovered in résumés that were tested for honesty?
A) 30 percent of the time B) 40 percent of the time C) 50 percent of the time D) 60 percent of the time E) 70 percent of the time
The first step for an auditor who concludes an illegal act exists is to:
A. Bring the matter to the attention of the SEC B. Assess the impact of the illegal act on the financial statements C. Bring the matter to the attention of the audit committee D. Assess the impact of the illegal act on the auditor's opinion
Land acquired so it can be resold in the future is listed in the balance sheet as a(n)
A) fixed asset B) current asset C) investment D) intangible asset
A Treasury bond pays interest quarterly
Indicate whether the statement is true or false.