5-87 Which of the Following Observations Concerning Hedge Funds Is

question 57

Multiple Choice

5-87 Which of the following observations concerning hedge funds is NOT true?

• A)They are pooled investment vehicles.
• B)They are not required to register with the SEC.
• C)They are subject to virtually no regulatory oversight.
• D)They usually take significant risk.
• E)They have to disclose their activities to third parties.

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Definitions:

Formal Orientation

An organized and official introduction to a company or organization for new members or employees, outlining policies, procedures, and culture.

Socialization

The process by which people adapt to an organization through learning and accepting the values, norms, and beliefs held by others in the organization.

Needs Assessment

A diagnosis that presents problems and future challenges that can be met through training or development.

Training Program

A structured educational program designed to improve the knowledge, skills, and abilities of employees to better perform specific jobs.