What is the main advantage of diversification as an investment policy?

A. It guarantees a fixed rate of return on investment.

B. It reduces risk to investors.

C. It offsets the effects of inflation on investments.

D. It increases investors’ access to their money.

If the economy were in the contracting phase of the business cycle, how might that affect your ability to find work?

Clooney corp. establishes a petty cash fund for $225 and issues a credit card to its office manager. by the end of the month, employees made one expenditure from the petty cash fund (entertainment, $20) and three expenditures with the credit card (postage, $59; delivery, $84; supplies expense, $49).record all employee expenditures, and record the entry to replenish the petty cash fund. the credit card balance will be paid later. (if no entry is required for a transaction/event, select "no journal entry required" in the first account record expenditures from credit card and the petty cash fund.

The five steps to financial success a. five money myths b. five foundations