Brooke Has Decided to Invest 55 Percent of Her Money

question 24

Multiple Choice

Brooke has decided to invest 55 percent of her money in large company stocks,40 percent in small company stocks,and 5 percent in cash.This is a(n) _____ decision.

• A) market timing
• B) security selection
• C) tax-advantaged
• D) active strategy
• E) asset allocation

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Definitions:

Subordinates

Refers to employees or team members who are lower in hierarchical position or rank compared to their supervisors or managers.

Delegation

The assignment of authority and responsibility from one person to another to carry out specific activities while the former remains accountable for the outcome.

Competency

The ability to do something successfully or efficiently.

Policy-Making Councils

Groups or bodies that are responsible for the development and formulation of guidelines, rules, or regulations.