SOFE
AFE · Question #70
The approach in which the investment policy should "identify acceptable ranges for investments in different types of instruments, including cash, equities, bonds and debentures, and real property is…
The correct answer is A. Prudent Person Approach. See the full explanation below for the reasoning.
Question
The approach in which the investment policy should "identify acceptable ranges for investments in different types of instruments, including cash, equities, bonds and debentures, and real property is known as:
Options
- APrudent Person Approach
- BCash Outflow Approach
- CRegular investment Approach
- DAsset requisition Approach
How the community answered
(17 responses)- A76% (13)
- B12% (2)
- C6% (1)
- D6% (1)
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