Which One of the Following Statements Is False

question 92

Multiple Choice

Which one of the following statements is false?

• A)Investors purchase mutual funds for diversification.
• B)Investors purchase mutual funds because of their professional management.
• C)Investors who purchase mutual funds are guaranteed a higher rate of return than if they were to purchase comparable stocks and bonds directly.
• D)Professional fund managers work for an investment company.
• E)Even the best portfolio managers sometimes make mistakes.

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Definitions:

Debtors

Individuals or entities that owe money to another party.

Relief

Assistance or aid given to those in hardship, or a legal remedy provided by a court to enforce a right or redress a harm.

Hourly Wage Rate

The amount of money paid for each hour of work, commonly used to calculate compensation for part-time or temporary employees.

Work Experience

The knowledge and skills that a person acquires through performing roles in various organizations over time, contributing to their expertise in a specific field.