When the Vice-President of Finance Compares the Current Financial Statement

question 94

Multiple Choice

When the vice-president of finance compares the current financial statement to the budget, in which function is he or she engaged?

• A)motivating
• B)controlling
• C)planning
• D)organizing
• E)leading

---

Definitions:

Economy

The large set of inter-related production and consumption activities that aid in determining how scarce resources are allocated.

Market Portfolio

A theoretical bundle of investments that includes every available asset in the market, weighted by market capitalization.

TSX

Toronto Stock Exchange, the primary stock exchange in Canada.