Which One of the Following Statements Is False

question 72

Multiple Choice

Which one of the following statements is false?

• A)As an investor,you should be concerned with how long a fund manager has been managing a mutual fund.
• B)The fund manager chooses when to buy and sell securities in the fund.
• C)If a manager has been managing a fund for 5 or 10 years,it is time to change managers and get someone with new ideas.
• D)The fund manager is responsible for choosing the securities that are contained in the fund.
• E)Managed funds have higher fees than index funds.

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Definitions:

Data Collection

The process of gathering and measuring information on targeted variables to answer relevant questions and evaluate outcomes.

Access Retrieval

The process of obtaining data or records from a database management system based on specific queries or criteria.

Valid Folder Name

A name that is accepted by the operating system for creating a directory, adhering to specific rules such as character restrictions.

CIS 101

This typically refers to an introductory course in Computer Information Systems, covering basic computer concepts and software applications.