Which One of the Following Statements Is False Regarding Mutual

question 78

Multiple Choice

Which one of the following statements is false regarding mutual funds and the internet?

• A)Many investors have found a wealth of information about mutual fund investments on the internet.
• B)It is possible to obtain current market values for a mutual fund by using the internet.
• C)Most investment companies that sponsor mutual funds have a websites.
• D)Professional advisory services are prohibited from discussing mutual funds on their websites.
• E)The investment companies' website will provide procedures for opening an account,how much money is required to open an account,and statistical information about individual funds.

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Definitions:

Capital Goods Industries

Capital goods industries are sectors of the economy that produce machinery, equipment, and supplies used in the manufacturing and production of other goods rather than for direct consumption.

Business Cycle

The fluctuations in economic activity that an economy experiences over a period, ranging from expansions (growth) to recessions (contractions).

Industrial Equipment

This category involves machinery and tools used in manufacturing processes, ranging from small tools to large machinery for heavy industries, playing a crucial role in industrial operations.

Recession

A period of temporary economic decline during which trade and industrial activity are reduced, typically identified by a fall in GDP in two successive quarters.