Proper Asset Allocation Can

question 41

Multiple Choice

Proper asset allocation can

• A) increase your wealth.
• B) decrease your assets.
• C) increase your dividend income and decrease your interest income.
• D) increase your expenses.

---

Definitions:

Flexible Budget

A budget that adjusts or flexes with changes in volume or activity levels, allowing for better management and control of finances under varying circumstances.

Demand Season

A time period characterized by a significant increase in the demand for certain products or services.

Personnel Needs

Requirements related to the staffing and human resources necessary to carry out the functions and operations of an organization.

Scenario Planning

A strategic planning method used to make flexible long-term plans based on possible future events.