A Manager's Superior Returns Could Have Occurred Due To

question 85

Multiple Choice

A manager's superior returns could have occurred due to:

• A) an insightful asset allocation strategy, over weighting an asset class that earned high returns.
• B) investing in undervalued sectors.
• C) selecting individual securities that earned above average returns.
• D) Choices a and c
• E) All of the above

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Definitions:

Office Supplies

Items used in offices for daily operations, like stationery, paper, and other consumables.

Salaries Accrued

Salaries that have been earned by employees but have not yet been paid by the company, representing a liability on the balance sheet.

Accounting Period

A specific time period for which financial information is reported, often a quarter or a year.

Supplies Expense

Supplies expense refers to the cost associated with items consumed or used up in the operation of a business, which are not directly part of the manufactured product.