Contingent Deferred Sales Loads Generally

question 130

Multiple Choice

Contingent deferred sales loads generally:

• A)apply until the shares you own are in the fund for 10 years or more.
• B)apply regardless of how long your shares have been invested.
• C)increase as the length of time you have been in the fund increases.
• D)decline gradually until there is no withdrawal fee if you own the shares for more than five years.
• E)apply only for the first year funds are invested.

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Definitions:

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Supplies Cost

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Variable Manufacturing Overhead

Indirect manufacturing costs that change in total in direct proportion to changes in production volume, such as utilities or materials.

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