Which One of the Following Statements Is False

question 89

Multiple Choice

Which one of the following statements is false?

• A)The responsibility for choosing the right mutual fund rests with the individual investor.
• B)Professional fund managers do make mistakes.
• C)Investors should evaluate their investments on a regular basis.
• D)There is no need to evaluate mutual fund investments,because investment companies hire the best professional managers they can to manage their funds.
• E)Individual investors should be involved in choosing a mutual fund,because they know how the objectives of a mutual fund match their own investment objectives.

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Definitions:

Product Innovation

The creation or significant improvement of products, including their components or features, to enhance their appeal and functionality for users.

Pervasiveness

The quality of being widespread or prevalent, often referring to ideas, behaviors, or technological influences that extend through all parts of society.

Value-Based Management

A management approach that ensures corporations are run consistently on value-based principles to maximize shareholder value over time.

Relevance

The degree to which something is related or useful to the matter at hand.