One Drawback of Exchange-Traded Funds (ETFs) Is That Investors

question 150

Multiple Choice

One drawback of exchange-traded funds (ETFs) is that investors:

• A) are not able to buy diversified securities.
• B) have to pay brokerage commissions every time they buy or sell shares.
• C) are forced to pay higher fees as compared to mutual funds.
• D) can buy or sell shares only after the major stock exchanges are closed.

---

Definitions:

Agricultural Activity

The management by an entity of the biological transformation and harvest of biological assets for sale or for conversion into agricultural produce or into additional biological assets.

AASB 141

An accounting standard regarding agriculture under the Australian Accounting Standards Board that guides the accounting for agricultural activity.

AASB 141

Refers to the Australian Accounting Standard on Agriculture, guiding on the accounting for agricultural activity including the recognition and measuring of biological assets.

Biological Assets

Living plants or animals that are used in agricultural activities from which agricultural produce is harvested, accounted for under specific accounting standards.