_____ Is Any Organizational Department or Unit Under the Supervision

question 49

Multiple Choice

_____ is any organizational department or unit under the supervision of a single person who is responsible for its activity.

• A) Independent center
• B) Responsibility center
• C) Analysis center
• D) Control center
• E) Budgeting center

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Definitions:

Risk-free Asset

An investment that is assumed to have no risk of financial loss, typically represented by government bonds.

Nominal Terms

Values or figures that have not been adjusted for inflation, representing current prices or values.

Treasury Bills

Short-term U.S. government debt obligations with maturities of one year or less, considered a safe and liquid investment.

Optimal Weights

The proportion of each asset in a portfolio that maximizes its expected return for a given level of risk.