In Order to Make Evaluations Effective, the Director Should

question 55

Multiple Choice

In order to make evaluations effective, the director should

• A)follow the evaluation with a conference.
• B)keep a record of the evaluation.
• C)list only weaknesses.
• D)expect immediate improvement.

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Definitions:

Interest Rate Risk

The risk that an investment's value will change due to a change in the absolute level of interest rates.

Reinvestment Risk

The risk of having to reinvest income or principal at a lower interest rate in a fluctuating interest rate environment.

Default Risk

The possibility that a borrower will fail to pay back a loan or meet contractual obligations.

Government of Canada Bond

A debt security issued by the Canadian government to support government spending.