The Average Compound Return Earned Per Year Over a Multi-Year

question 33

Multiple Choice

The average compound return earned per year over a multi-year period is called the:

• A)total return.
• B)average capital gains yield.
• C)variance.
• D)arithmetic average return.
• E)geometric average return.

---

Definitions:

Journal Entry

An accounting transaction recorded in a company's financial records, which includes a description, the accounts affected, and the amounts debited and credited.

Credited

Recognized or recorded as an increase in assets or a decrease in liabilities in accounting records.

Accrued Expense

Expenses that have been incurred but not yet paid, representing liabilities for goods or services received but not yet invoiced.