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Though Not Formally Written, an Organization Allows Its Employees to Dress

question 35

Multiple Choice

Though not formally written, an organization allows its employees to dress casually on Fridays. This is a(n) _____ of the organization.


Definitions:

Mutual Fund

An investment vehicle made up of a pool of funds collected from many investors for the purpose of investing in securities such as stocks, bonds, money market instruments, and other assets.

Selection Contribution

The return added to a portfolio through the successful selection of securities, differentiating from the return that would result from holding a passive benchmark portfolio.

Total Excess

The amount by which returns on an investment exceed the benchmark or risk-free return over a specified period.

Bogey Portfolio

An investment portfolio that serves as a benchmark against which other portfolios' performances are measured.

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