Which of the Following Statements About Mutual Funds Is Correct

question 16

Multiple Choice

Which of the following statements about mutual funds is correct?

• A)A mutual fund is not a financial intermediary.
• B)A disadvantage of buying mutual funds is a lack of diversification
• C)People who buy shares from a mutual fund are guaranteed a minimum return.
• D)On average index funds outperform managed funds.

---

Definitions:

Wound Irrigation

A medical procedure involving the gentle flushing of a wound with a fluid to clean out debris and reduce bacteria.

Syringe

A medical instrument used to inject fluids into the body or withdraw them, consisting of a needle attached to a hollow cylinder.

Pressure Injuries

Wounds that occur on the skin due to prolonged pressure, often affecting individuals with limited mobility.

Quadriplegia

A medical condition resulting in paralysis of all four limbs; typically caused by injury or disease affecting the spinal cord.