Which Phase of the Plan-Protect-Respond Cycle Takes the Largest Amount

question 61

Multiple Choice

Which phase of the plan-protect-respond cycle takes the largest amount of work?

• A) plan
• B) protect
• C) respond
• D) The phases require about equal amounts of effort.

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Definitions:

Hedge Fund

A private investment partnership that uses complex strategies and various instruments to achieve high returns.

Long-Short Hedge Fund

An investment fund strategy that aims to generate returns by taking long positions in undervalued securities and short positions in overvalued securities.

Short Selling

The practice of selling securities or other financial instruments that are not currently owned, and subsequently repurchasing them at a lower price.

Market Neutral

An investment strategy that seeks to avoid some forms of market risk by taking offsetting positions in different securities, aiming for a net market exposure of zero.