Which of the following statements reflects the importance, Cost Accounting

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Which of the following statements reflects the importance

Which of the following statements reflects the importance of the asset allocation decision to the investment process? The asset allocation decision:

Helps the investor decide on realistic investment goals.
Identifies the specific securities to include in a portfolio.
Determines most of the portfolio’s returns and volatility over time.
Creates a standard by which to establish an appropriate investment time horizon.

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Cost Accounting: Which of the following statements reflects the importance

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