The Desirable Components of an Investment Policy Statement for Individual

question 32

Multiple Choice

The desirable components of an Investment Policy Statement for individual investors can be divided into

• A)three main elements consisting of scope and purpose, governance, and risk management.
• B)three main elements consisting of scope and purpose, governance, and investment, return-and-risk objectives.
• C)four main elements consisting of scope and purpose, governance, risk management, and feedback.
• D)four main elements consisting of scope and purpose, governance, risk management, and investment, return-and-risk objectives.

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Definitions:

Simplify

To alter a complex equation or expression into a simpler form that retains the original meaning or value.

Like Terms

Terms in an algebraic expression that have the same variable raised to the same power and can be combined.

Evaluate

To determine the value of an expression by computing its numerical value.

Calculate

Perform mathematical operations to find a numerical answer.