Which of the Following Statements Is False

question 57

Multiple Choice

Which of the following statements is false?

• A)The purpose of investing in a closed-end fund,exchange-traded fund or open-end mutual fund is to earn a financial return.
• B)Income dividends are the earnings that a fund pays to shareholders from its dividend and interest income.
• C)Capital gain distributions are the payments made to a fund's shareholders that result from the sale of securities in the fund's portfolio.
• D)The only way to make money on a mutual fund is by selling shares at a higher price than was initially paid for them.
• E)Income dividends are taxable.

---

Definitions:

Team Virtuousness

The extent to which team members adopt norms that encourage shared commitments to moral behaviour.

Social Loafing

The phenomenon where individuals exert less effort when working in a group than when working alone.

Halo Effect

What occurs when one attribute is used to develop an overall impression of a person or situation.

Nominal Group Technique

A structured method for group brainstorming that encourages contributions from everyone in the group and is used to generate and prioritize ideas.