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Even if the markets are efficient,professional portfolio management is still important because it provides investors with _________.
I.low cost diversification
II.provides a portfolio with a specified risk level
III.provides better risk adjusted returns than an index
End-Of-Period Spreadsheet
A worksheet used at the end of an accounting period to compile all balances from ledgers, facilitating the preparation of financial statements.
Dividends Account
An account used in double-entry bookkeeping to record dividends paid out to shareholders during an accounting period.
Retained Earnings
The portion of net income left over for the business after it has paid out dividends to its shareholders, often reinvested into the business.
Ledger Accounts
Records within a ledger that summarize all the transactions related to a specific account, providing a complete record of financial transactions over the life of the account.
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