A Word or Phrase Formed by the First Letters of a Series

question 37

Multiple Choice

A word or phrase formed by the first letters of a series of terms is referred to as a(n)

• A)rhyme.
• B)acrostic.
• C)acronym.
• D)mnemonic.

Comprehend the importance of investment companies in financial planning and achieving long-term goals.

Grasp the reasons behind the demographic distribution of mutual fund ownership.

Explain the processes involved in purchasing, managing, and withdrawing from mutual funds.

Understand the role and functions of rating agencies in evaluating mutual funds.

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Definitions:

Eating

The act of consuming food or substances that can provide nutritional support for an organism.

Toileting

The process of training a young child to use the toilet for urination and defecation, a key milestone in early childhood development.

Family Caregivers

Individuals, often family members, who provide care and support to relatives with health issues, disabilities, or aging-related needs without pay.

Frail Elderly

Older adults who are in a diminished physical condition and have increased risk for adverse health outcomes, such as falls, hospitalizations, and dependency.