Use the Table for the Question(s)below

question 98

Multiple Choice

Use the table for the question(s) below.
Consider the following probability distribution of returns for Alpha Corporation:
-The variance of the return on Alpha Corporation is closest to:

• A)5.00%.
• B)4.75%.
• C)3.625%.
• D)3.75%.

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Definitions:

Planning Budget

A financial plan that outlines the expected income and expenses for a specific period, typically used by businesses to allocate resources efficiently.

Flexible Budget

A budget that adjusts or flexes with changes in volume or activity levels, allowing for a more accurate comparison of actual to budgeted performance.

Servicing Materials

Materials and supplies used in the maintenance and repair of machinery or equipment during the production process or in providing services.

Flexible Budget

A budget designed to adapt to variations in activity or volume levels.