Asset allocation is the:

Multiple Choice

selection of specific securities within a particular class or industry.

division of a purchase price between a cash payment and a margin loan.

division of a portfolio into short and long positions.

distribution of investment funds among various broad asset classes.

Jayden is researching chemical companies to determine which company's stock he should purchase. This process is known as:

Multiple Choice

market timing.

purchase shorting.

marketing research.

asset allocation.