Portfolio Performance Is Determined Mainly by Stock Selection and Market

question 77

True/False

Portfolio performance is determined mainly by stock selection and market timing,with less emphasis on asset allocation.

---

Definitions:

Minimal Inspection

A quality control strategy where only a minimal or limited amount of inspection is carried out to ensure product quality.

Lead Time

The amount of time that passes between the commencement of a process and its completion, often used in the context of production and supply chain management.

Backflush Costing

A streamlined cost accounting method that delays the recording of costs until the completion of production, primarily used in just-in-time inventory systems.

Raw Materials

The basic materials from which products are manufactured or made, often natural resources like metals, oil, or timber.