A Voucher

question 82

Multiple Choice

A voucher

• A) is received from customers to explain the purpose of a payment
• B) is normally prepared in the Accounting Department
• C) system is used to control cash receipts
• D) system is an internal control procedure to verify that the assets in the ledger are the ones the company owns

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Definitions:

Sharpe Measure

A metric used to evaluate the risk-adjusted return of an investment, calculating the difference between the returns of the investment and the risk-free rate, divided by the standard deviation of the investment’s returns.

Beta

A criterion for quantifying the instability or systematic risk of a security or a portfolio in contrast to the market as a whole.

Treynor Measure

A performance metric for determining how well an investment compensates the investor for taking a risk, adjusted for the risk-free rate.

Beta

A rephrasing: A statistical estimate of a security's sensitivity to market movements, used to gauge its risk in comparison to the broader market.