The Exchange-Traded Fund (EFT) That Tracks the Nasdaq 100 Index

question 2

Multiple Choice

The exchange-traded fund (EFT) that tracks the Nasdaq 100 index is called:

• A) SPDR
• B) DIAMONDS
• C) QQQQ
• D) None of the above

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Definitions:

Investing Activities

Transactions involving the acquisition or disposal of non-current assets, such as property, plant, and equipment or investment securities.

Operating Activities

Activities that relate directly to the principal revenue-generating activities of a business, such as sales and service provision.

Indirect Method

A method used in cash flow statements to adjust net income for non-cash transactions and changes in working capital to arrive at operating cash flow.

Cash Flows

The complete sum of cash flowing in and out of a company, particularly influencing its ability to cover immediate expenses.