Identify a True Statement About International Organization for Standardization (ISO)

question 6

Multiple Choice

Identify a true statement about International Organization for Standardization (ISO) 9000:2000.

• A) It states that generic management practices can never be standardized.
• B) Its standards do not apply to services such as health care, banking, and transportation.
• C) It is the first version of the ISO family of standards.
• D) Its standards apply to all types of businesses, including electronics and chemicals.

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Definitions:

Yield To Maturity

The total expected return on a bond if held until its maturity date, expressed as an annual rate.

Coupon Rate

The annual interest rate paid by a bond relative to its face value, expressed as a percentage.

Duration-based Immunization

A strategy used in portfolio management to minimize the risk of interest rate fluctuations by matching the duration of assets and liabilities.

Rebalanced

The process of realigning the weightings of a portfolio of assets to maintain an original or desired level of asset allocation or risk.