________ enables mutual funds to consistently outperform a randomly selected group of stocks
A) Managerial expertise
B) Diversification
C) Denomination intermediation
D) None of the above
D
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A common measure of profitability is the
A) asset turnover. B) debt to equity ratio. C) current ratio. D) receivable turnover.
The type of budget that consider standard costs for the actual volume of production is a:
A) standard budget. B) static budget. C) flexible budget. D) fixed budget.
______ is a process of allocating revenue and costs to customer segments or individual customers in order to determine their profitability.
a. Company profitability analysis b. Customer profitability analysis c. Collective profitability analysis d. Convenient profitability analysis
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