Comparison of the Actual Results for a Project to the Costs

question 66

Multiple Choice

Comparison of the actual results for a project to the costs and benefits expected at the time the project was selected is referred to as ________.

• A) the audit trail
• B) management control
• C) a post-investment audit
• D) a cost-benefit analysis

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Definitions:

Portfolio Weights

The percentage composition of a particular holding relative to the total investment portfolio.

Risk-To-Reward Ratio

A benchmark used by investors to gauge the prospective returns of an investment in comparison to the risk associated with securing those returns.

Efficient Market

A type of market where all relevant information is rapidly and correctly reflected in securities prices, allowing them to be bought and sold at their fair value.

Systematic Risk

Market or sector-wide risk, commonly called market risk, that remains despite attempts at diversification.