What is the market portfolio?
A) the large, well-diversified portfolio that investors should hold according to finance theory
B) the large, well-diversified portfolio without international securities
C) the portfolio that represents a global portfolio
D) the portfolio with strictly domestic securities
Answer: A
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External auditing is an independent appraisal function established within an organization to examine and evaluate its activities as a service to the organization
Indicate whether the statement is true or false
Shawn Beatty has an idea that she believes will speed up the processing of sales orders at her company. She shares this idea with the leader of the sales department, who likes the idea, but makes several important changes to Shawn’s idea. Shawn’s leader says that she can go ahead and implement the process, with the leader’s suggestions. Shawn thanks her leader and goes ahead and implements her original idea. On the basis of this example, Shawn ______.
a. is disloyal b. is not accountable c. does not accept feedback d. is a whistleblower
An third party may increase the supply chain surplus by aggregating warehousing needs over several firms. This is called
A) capacity aggregation. B) inventory aggregation. C) warehouse aggregation. D) relationship aggregation.
Brett's Gift Box estimates that it will sell 30,000 porcelain figurines next year. Because porcelain
figurines are so easily damaged, the average per unit carrying cost of the figurines is $25. The per order cost of ordering is $800. Assume that Brett wants a safety stock of 75 figurines. If Brett reorders the figurines based on the economic order quantity, what is Brett's average inventory of porcelain figurines? A) 768 B) 700 C) 628 D) 854