The Sharpe ratio can be used as a criterion for selecting an optimal portfolio.

Both tactical and dynamic asset allocation are considered active strategies.

Organisational culture is the collection of shared values, beliefs, rituals, stories, myths, and specialised language that foster a feeling of community among organisation members. Which of the following is not a characteristic of organisational culture?

It was recently announced that all assembly workers are to arrive 15 minutes early for their shift to be outfitted in specialised gear. This will reduce minute particles from the environment from entering products being assembled. Products are then assembled in a controlled environment. This requirement reflects __________ control.

If a project’s IRR is equal to the cost of capital, its NPV is zero. 

A project with a profitability index of 0.95 has a positive NPV. 

A project with an IRR of 15% and a cost of capital of 10% will always have a positive NPV. 

The IRR rule always gives the same recommendation as the NPV rule. 

The present value of $1,000 to be received in 4 years at a 12% discount rate is greater than $650.

The IRR rule is appropriate for comparing mutually exclusive projects that differ significantly in size or investment amount.