USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)

question 103

Multiple Choice

USE THE INFORMATION BELOW FOR THE FOLLOWING PROBLEM(S)

-Refer to Exhibit 18.11. Which of the following statements is TRUE?

• A) Sector/security selection hurt the portfolio performance; returns were 1.4% less than if the manager invested the funds in stocks and bond indexes.
• B) Sector/security selection improved the port-folio performance by 1.4%; each sector return was higher than for index value.
• C) Sector/security selection hurt the portfolio performance; returns were 6.8% less than if the manager invested the funds in stocks and bond indexes.
• D) Sector/security selection improved the port-folio performance by 6.8%; each sector return was higher than for index return.
• E) None of these are correct.

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Definitions:

Competencies

The skills, knowledge, and abilities that enable a person to perform tasks effectively.

Necessary Skills

Essential abilities required to effectively perform a task or job, often within a specific context like therapeutic practice.

Client Factors

Characteristics of a client that may influence the counseling process, including history, personality, and current circumstances.

Extratherapeutic Factors

These are elements outside of therapy itself that can influence a client's healing process, such as personal strengths, social support, and environmental factors.