Which of the Following Rates Mutual Funds from 1 to 5

question 97

Multiple Choice

Which of the following rates mutual funds from 1 to 5 stars on how well they have performed in comparison with similar funds?

• A)Money
• B)Bloomberg's Businessweek
• C)Morningstar
• D)Lipper
• E)Value Line

---

Definitions:

Sales Budget

One of the major elements of the income statement budget that indicates the quantity of estimated sales and the expected unit selling price.

Production Budget

A budget of estimated units to be manufactured to meet budgeted sales and desired inventory levels.

Capital Expenditures Budget

A plan for a company’s spending on fixed assets, such as equipment or property, that will be used over a long period.

Sales Budget

A sales budget is an estimate of the amount of revenue a company expects to generate from sales during a specific period.