An Investment Consultant Is Recommending a Certain Class of Mutual

question 154

True/False

An investment consultant is recommending a certain class of mutual funds to the clienteles based on its exceptionally high probability of gain.It is an unethical practice not to also recommend a class of mutual funds with an exceptionally high probability of loss.

---

Definitions:

TON Timer

Stands for Timer ON, which is a count-up timer used in programming PLCs to track time from the moment an instruction is activated until it is turned off.

Preset Time

A predetermined or set duration of time that is programmed into a device or system, after which a certain action or function is triggered.

TON Instruction

stands for "Timer ON Delay" in PLC programming, used to activate an output after a predefined time delay once the input becomes true.

Reset (RES)

A command or signal that initiates the restart or reinitialization of a device, system, or software to its default state.