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NEW QUESTION: 1
The Portfolio Management Plan is an important document that is referenced throughout the portfolio life cycle. Which of the following is correct regarding the Portfolio Management Plan purpose and focus?
A. Articulates the options, preferences, and factors that will be considered in a specific portfolio
B. Identifies recipients for information associated with the portfolio management process
C. Describes the approach and intent of management in identifying, approving, procuring, prioritizing, balancing, managing, and reporting a portfolio
D. Shows how and when the portfolio resources will be planned, balanced, and allocated to the portfolio components
Answer: C
NEW QUESTION: 2
A. Option A
B. Option B
C. Option D
D. Option C
Answer: C
NEW QUESTION: 3
Fran is interviewing candidates for an accounting position. Glenda seems like a very qualified candidate, but Fran finds her voice very annoying. Despite Glenda's solid record, Fran hires another candidate. Fran's decision demonstrates the
A. cultural noise bias.
B. stereotyping bias.
C. horn effect.
D. central tendency.
Answer: C
Explanation:
Explanation: Fran's decision demonstrates the horn effect. This phenomenon, also known as the harshness bias, is the tendency to allow one irritating aspect of the interviewee's performance to dominate perception. An interviewer should be aware of this potential pitfall, and should consider whether the characteristic he finds distracting will likely be so to other people, or whether it bears significantly on job performance. In this case, Glenda's voice will probably not have much effect on her performance as an accountant. The central tendency, meanwhile, is a bias towards rating all candidates roughly equal. Stereotyping bias is a tendency to attribute certain characteristics to an interviewee because of his gender, ethnicity, religion, etc. The cultural noise bias is created when an interviewee answers questions not honestly, but in the way he believes the interviewer wants them to be answered.
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