Ann Delegated Work to an Employee Who Mismanaged Public Funds

question 6

Multiple Choice

Ann delegated work to an employee who mismanaged public funds.Ann, rather than the employee, was reprimanded for this mismanagement.Ann is now reluctant to delegate because she

• A) does not care whether the work done properly.
• B) knows the person who delegates remains accountable for the work.
• C) does not trust any of her subordinates.
• D) fears a subordinate will do the work so well that he or she will attract the approval of top management.
• E) is so disorganized that she simply cannot plan and assign work effectively.

---

Definitions:

Standard Deviation

Standard Deviation quantifies the dispersion of a set of data points around their mean, used in finance to measure the volatility of investment returns.

Optimal Risky Portfolio

An optimal risky portfolio is a collection of financial assets that maximizes expected return for a given level of risk or minimizes risk for a given level of expected return.

Correlation Coefficient

A statistical measure that calculates the strength and direction of a linear relationship between two variables on a scatter plot.

Correlation Coefficient

A statistical measure that calculates the strength of the relationship between the relative movements of two variables.