A Manager Has a Choice of Three Investment Funds

question 49

Multiple Choice

A manager has a choice of three investment funds.To assess them, he looks at their past investment records over the previous five years.The manager is operating under which condition?

• A)certainty
• B)probability
• C)uncertainty
• D)risk

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Definitions:

Chief Accounting Manager

A high-level executive responsible for overseeing a company's accounting activities and financial record-keeping.

Controller

A senior financial officer in an organization responsible for overseeing accounting and financial reporting.

Contingency Plan

A strategy or plan developed to take into account unforeseen events or emergencies to mitigate their potential impact on operations.

Bankruptcy

Legal nonpayment of financial obligations.