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NEW QUESTION: 1
Which of the following pieces of legislation establishes guidelines for retaining and reporting employee identification records?
A. Fair Credit Reporting Act
B. Fair Labor Standards Act
C. Personal Responsibility and Work Opportunity Reconciliation Act
D. Consumer Credit Protection Act
E. Small Business Job Protection Act
Answer: C
Explanation:
Explanation: The Personal Responsibility and Work Opportunity Reconciliation Act, which went into law in 1996, establishes and updates rules for retaining and reporting employee identification records. Answer choice A is incorrect because the Fair Labor Standards Act has no immediate requirement about record keeping and instead focuses on establishing fair compensation for employees. Answer choice B is incorrect because the Fair Credit Reporting Act governs employee credit reporting but not the retention of employee identification records. Answer choice C is incorrect because the workplace application of the Consumer Credit Protection Act relates to wage garnishing. And answer choice D is incorrect because the Small Business Job Protection Act relates to employee deferred compensation plans.
NEW QUESTION: 2
You are considering a portfolio only of long positions not involving leverage and have the following information:
Stock | Expected Return | Variance | Correlation1 |15% | 100 | R1,2 = 0.6
2 |18% | 64 | R1,3 = 0.2 3 |24% | 400 | R2,3 = -1.0
Consider a portfolio consisting of only Stock 2 and 3. Choose the correct statement:
A. the standard deviation of this portfolio could be larger than 20%.
B. with weights of 0.5 and 0.5 in each stock, the risk of the portfolio will necessarily be reduced to zero because of the -1.0 correlation coefficient.
C. the risk of this portfolio could be zero under the right circumstances.
Answer: C
Explanation:
Given the -1.0 correlation between the two securities, the risk of this portfolio could be zero if the correct amount were invested in each.
NEW QUESTION: 3
In Unica Marketing Operations, a Project team member can view and edit Project information based on what?
A. Their role.
B. Their location.
C. Their status.
D. Their project involvement.
Answer: A
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