True or False: an Investment Consultant Is Recommending a Certain

question 66

True/False

True or False: An investment consultant is recommending a certain class of mutual funds to the
clienteles based on its exceptionally high probability of gain.It is an ethical practice to explain to
the clienteles what the meaning of probability is.

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Definitions:

PDCA Cycle

A method used in business for continuous improvement, consisting of four phases: Plan, Do, Check, Act.

Action Map

A plan or strategy outlining specific actions required to achieve a particular goal or outcome.

Alternatives

Other options or choices available to consider instead of a primary selection.

Nominal Group

A group technique involving structured small-group discussion to generate and prioritize ideas or solutions.