What Is Diversifying Among Different Kinds of Assets Known As

question 111

Multiple Choice

What is diversifying among different kinds of assets known as?

• A) Portfolio funding
• B) Capital asset classification
• C) Asset allocation
• D) Multi-diversification

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Definitions:

Licensing

The process of granting legal permission to individuals or organizations to carry out certain activities or professions.

Financial Responsibility

Refers to the obligation to manage resources, including money, assets, and debts, in an effective and efficient manner.

Debit Card

A payment card that deducts money directly from a consumer’s checking account to pay for a purchase.

Traveler's Check

A preprinted, fixed-amount check designed to allow the person signing it to exchange it for cash in a foreign currency while traveling.