A Common Way of Saying You Need to Diversify Your

question 126

Multiple Choice

A common way of saying you need to diversify your investments is

• A) A bird in the hand is worth two in the bush.
• B) A stitch in time saves nine.
• C) Birds of a feather flock together.
• D) Don't judge a book by its cover.
• E) Don't put all of your eggs in one basket.

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Definitions:

IFRS

International Financial Reporting Standards are a set of accounting standards developed by the International Accounting Standards Board, aiming at making global financial statements more comparable.

Recoverable Amount

The higher of an asset's fair value less costs to sell and its value in use, reflecting the maximum amount that can be recovered through its use or sale.

Expected Benefit Approaches

A method used in actuarial analysis or in benefits planning, projecting the future benefits to be received, often for purposes of pension plan funding or insurance.

Unverifiable

Pertaining to information or data that cannot be confirmed or corroborated through evidence or additional sources.