NO.PZ202206210100000104
问题如下：
The changes that were allowed in OHF’s strategic asset allocation in Phase 4 are best classified as relating to changes in:选项：
A.constraints. B.beliefs. C.goals.解释：
SolutionB is correct. In Phase 4, lower oil prices and reduced production would have resulted in substantial declines in cash inflows that management perceived to be long term in nature. To compensate for these changes, management sought both lower withdrawals and increased equity exposure to bolster its declining cash inflows.
A is incorrect. A change in constraints would arise from a change in time horizon, liquidity needs, asset size, or regulatory constraints, none of which are indicated in Phase 4.
C is incorrect. Although business conditions have changed because of lower oil prices and reduced production, there is no indication that the main goal of the fund has changed; indeed, the government reaffirmed its commitment to the fund given in the latter part of Phase 2.
老师能讲下goal和belief的区别吗，constraint能分清，这两个感觉有点模糊
