While understanding the basics of financial accounting is certainly important for accountants, it is also an important skill to have in all types of professional fields. In this discussion, you vill make
connections between your chosen field and what you have learned about financial accounting in
this course.
Address the folloring in your initial post:
Describe your current or aspiring professional identity, including your career and the field in
which you work or hope to work
• Think about the types of financial transactions your chosen field is likely to generate and
how they will need to be reported and accounted for by the business. Describe at least three
examples of such transactions and how they affect the financial statements and the business
in general
• Reflect on and comment about the importance of financial accounting in your field.

Stocks a, b, and c are similar in some respects: each has an expected return of 10% and a standard deviation of 25%. stocks a and b have returns that are independent of one another; i.e., their correlation coefficient, r, equals zero. stocks a and c have returns that are negatively correlated with one another; i.e., r is less than 0. portfolio ab is a portfolio with half of its money invested in stock a and half in stock b. portfolio ac is a portfolio with half of its money invested in stock a and half invested in stock c. which of the following statements is correct? a. portfolio ab has a standard deviation that is greater than 25%.b. portfolio ac has an expected return that is less than 10%.c. portfolio ac has a standard deviation that is less than 25%.d. portfolio ab has a standard deviation that is equal to 25%.e. portfolio ac has an expected return that is greater than 25%.