An Investment Consultant Is Recommending a Certain Class of Mutual

question 73

True/False

An investment consultant is recommending a certain class of mutual funds to the clienteles based on its exceptionally high probability of gain.It is an ethical practice to explain to the clienteles what the meaning of probability is.

---

Definitions:

Subordinates

Employees who work under the supervision of a manager or superior within an organizational hierarchy.

Leniency Bias

The tendency to evaluate others more favorably than their actions or performance might warrant.

Employee Performance

The assessment of an employee's job-related actions and outcomes against the stated job requirements and standards.

Future-Oriented

Characteristic of thinking that prioritizes forward-looking strategies, often involving planning and preparation for upcoming challenges or opportunities.