Which One of the Following Statements Is Correct

question 103

Multiple Choice

Which one of the following statements is correct?

• A) The unexpected return is always negative.
• B) The expected return minus the unexpected return is equal to the total return.
• C) Over time, the average return is equal to the unexpected return.
• D) The expected return includes the surprise portion of news announcements.
• E) Over time, the average unexpected return will be zero.

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Definitions:

Vocational School

An educational institution that provides specialized instruction and training in a particular career or technical field.

Flexible Budget

A budget that adjusts or flexes with changes in volume or activity, allowing for more accurate budgeting in variable cost situations.

Activity Variances

Discrepancies between planned or standard costs to perform an activity and the actual costs incurred.

Jeep Tours

Customized tours offered to tourists that utilize jeeps to navigate terrain that is typically not accessible by standard vehicles, often in natural or adventure settings.