Which One of the Following Statements Is True

question 10

Multiple Choice

Which one of the following statements is true?

• A)Most mutual funds are managed funds.
• B)How long the present fund manager has been managing the fund is irrelevant.
• C)You should ignore fees when comparing mutual funds.
• D)Managed funds are usually index funds.
• E)A team of managers is always better than a single fund manager.

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Definitions:

Ideology

denotes a systematic body of concepts, especially about human life and culture, that guides an individual, social movement, institution, or large group.

Wealthiest Nation

A term typically referring to a country with a high level of economic productivity, income, and wealth per capita.

Preventive War

A conflict initiated to prevent another party from acquiring a capability for attacking, under the presumption of future threat.

Foreign Policy Goals

Foreign Policy Goals refer to strategic objectives set by a country to guide its international relations and diplomatic efforts with other nations and international organizations.