The Process Used to Determine the Value of Mutual Fund

question 96

Multiple Choice

The process used to determine the value of mutual fund shares each per day is known as

• A)Directed brokerage.
• B)Marking-to-market.
• C)Late trading.
• D)Market timing.
• E)Spinning.

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Definitions:

Active Voice

A grammatical voice wherein the subject of the sentence performs the action expressed by the verb, leading to clear and direct expressions.

Passive Voice

A grammatical voice in which the subject is the recipient of an action rather than the performer, often used to emphasize the action or the object of an action.

Sentence Length

The number of words or characters contained in a sentence, affecting readability and style.

Sentence Structure

The way words and phrases are arranged to create well-formed sentences in a language.