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:

Specific Abilities

Distinct skills or competencies in narrowly defined areas, contrasting with general intelligence.

Multiple Intelligences

A theory proposed by Howard Gardner, suggesting that intelligence is not a single entity, but a combination of different types of intelligences including linguistic, logical-mathematical, and spatial, among others.

Gardner

Refers to Howard Gardner, a developmental psychologist known for his theory of multiple intelligences, which suggests that people have different kinds of intelligences.

Sternberg

An American psychologist named Robert Sternberg, known for his theory on the triarchic theory of intelligence.