Time Spent on Activities Must Be Assessed Against the Time

question 13

Multiple Choice

Time spent on activities must be assessed against the time quota allocated to the subject in ways that reflect the cost-effectiveness as a means of accomplishing the:

• A)unit's major goals.
• B)co-constructed objectives.
• C)standardized measures.
• D)budgeting goals.

---

Definitions:

Portfolio Diversification

A strategy for managing risk that involves diversifying a portfolio with a broad range of investments to reduce the effect of the performance of any individual asset.

Security

A financial instrument that represents ownership (stocks), a creditor relationship (bonds), or rights to ownership (options) that can be bought and sold.

Expected Return

The weighted average of the probable returns of an investment, considering all possible outcomes and their likelihoods.

Standard Deviation

A statistical index that measures how much data values deviate from each other within a dataset.