Multiple Choice Quiz1 - Multiple Choice Quiz

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Multiple Choice Quiz (See related pages) Results Reporter Out of 10 questions, you answered 8 correctly with a final grade of 80% 8 correct (80%) 1 incorrect (10%) 1 unanswered (10%) Your Results: The correct answer for each question is indicated by a . 1 CORRECT The net wealth of the aggregate economy is equal to the sum of A) all real assets. B) all financial assets. C) all physical assets. D) all real and financial assets. E) none of the above Feedback: The net wealth of the aggregate economy is equal to the sum of all real assets. Financial assets do not directly contribute the productive capacity of the economy. 2 CORRECT Asset allocation refers to ____________. A) choosing which securities to hold based on their valuation B) investing only in "safe" securities C) the allocation of assets into broad asset classes D) bottom-up analysis E) all of the above Feedback: Asset allocation refers to the allocation of assets into broad asset classes. 3 CORRECT The Sarbanes-Oxley Act ____________. A) requires corporations to have more independent directors B) requires the firm's CFO to personally vouch for the firm's accounting statements C) prohibits auditing firms from providing other services to clients D) A and B are correct. E) A, B, and C are correct. Feedback: The Sarbanes-Oxley Act requires corporations to have more independent directors, requires the firm's CFO to personally vouch for the firm's accounting statements, and prohibits auditing firms from providing other services to clients. 4 CORRECT
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Multiple Choice Quiz1 - Multiple Choice Quiz

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