Archie Carroll's Four Responsibilities Listed in Order of Priority Are

question 20

Multiple Choice

Archie Carroll's four responsibilities listed in order of priority are

• A) legal, economic, ethical, and discretionary.
• B) legal, ethical, discretionary, and economic.
• C) economic, legal, ethical, and discretionary.
• D) economic, ethical, discretionary, and legal.
• E) ethical, economic, legal, and discretionary.

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Definitions:

Risk Premiums

The additional returns that an investor expects to receive from an investment to compensate them for higher risk.

Earning Power

An indication of a company's ability to generate profit from its operations, often used by investors to assess financial health.

Inflation

The rate at which the typical cost levels of goods and services elevate, undermining the power to buy.

Real Rate

The interest rate adjusted for inflation, providing a more accurate indication of the borrowing cost or investment return in terms of real purchasing power.