Which of the Following Statements Is False

question 57

Multiple Choice

Which of the following statements is false?

• A)The purpose of investing in a closed-end fund,exchange-traded fund or open-end mutual fund is to earn a financial return.
• B)Income dividends are the earnings that a fund pays to shareholders from its dividend and interest income.
• C)Capital gain distributions are the payments made to a fund's shareholders that result from the sale of securities in the fund's portfolio.
• D)The only way to make money on a mutual fund is by selling shares at a higher price than was initially paid for them.
• E)Income dividends are taxable.

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Definitions:

Cladogenesis

A process in evolutionary biology where a species splits into two distinct species, rather than evolving as a single lineage, leading to increased biodiversity.

Y Chromosome

A sex chromosome found in males that carries genes involved in sex determination and other biological functions related to male development.

Genetic Information

Data regarding an organism's genes, their functions, and their influence on physical and behavioral characteristics, derived from DNA analysis.

Breeding Populations

Groups of organisms that are selected and mated to perpetuate certain genetic traits or to increase the genetic diversity of offspring.