Identify a True Statement About Sheriffs

question 43

Multiple Choice

Identify a true statement about sheriffs.

• A) They do not necessarily need a background in law enforcement.
• B) They are appointed by municipal law enforcement agencies.
• C) They are assigned their duties by local political entities.
• D) They provide law enforcement in areas that do not have county police agencies.

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Definitions:

Market Risk Premium

The additional yield investors anticipate from maintaining a portfolio with inherent market risk rather than opting for assets free of risk.

Required Rate of Return

The minimum annual percentage return investors expect or demand from an investment, considering the risk involved.

Risk Averse

A description of an investor or investment philosophy that prioritizes the minimization of risk over potential returns.

Risk-free Rate

The theoretical rate of return on an investment with no risk of financial loss, typically represented by government bonds.