If We Assume That Asset X Has an Expected Return

question 68

Multiple Choice

If we assume that asset X has an expected return of 10 and a variance of 10, then its coefficient of variation is:

• A) 3.162
• B) 1.000
• C) 0.316
• D) 1.316

---

Definitions:

Receiving Department

The section of a company responsible for the acceptance, inspection, and management of incoming goods or materials.

Work in Process

Partially finished goods undergoing manufacture, situated between raw materials and finished products in accounting and inventory.

Direct Materials

Basic substances that can be directly linked to and are essential for the creation of the final product during the manufacturing sequence.

Controlling Account

An account in the general ledger that summarizes the detail contained in a subsidiary ledger.