Which of the Following Departments Is Least Likely to Be

question 31

Multiple Choice

Which of the following departments is least likely to be a support department for a boat manufacturing company?

• A)personnel
• B)moulding and assembly
• C)data processing
• D)accounting
• E)purchasing

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Definitions:

Benchmark Portfolio

Portfolio against which a manager is to be evaluated.

Well-Diversified

Refers to an investment portfolio that contains a wide variety of assets to minimize risk.

SML

The Security Market Line, a graphical representation of the expected return of investments as a function of their risk, as described by the Capital Asset Pricing Model.

Equally-Weighted Portfolio

An investment strategy where each asset in a portfolio is allocated the same percentage of total investment capital.