Mutual Funds Can Carry a Number of Different Types of Sales

question 118

Essay

Mutual funds can carry a number of different types of sales charges and fees. Briefly explain the following such expenses.
(a) a front-end load
(b) a back-end load
(c) a 12(b)-1 fee

Recognize the role and criteria used by arbitrators to make binding decisions in labor disputes.

Describe the conditions under which an employer can lawfully dismiss an employee within the framework of union contracts and arbitration decisions.

Understand the elements and steps involved in the grievance and arbitration process within a unionized work environment.

Compare and contrast arbitration with traditional court proceedings, identifying similarities and differences.

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Definitions:

Budgeting

The process of creating a plan to spend money, setting forth projections for revenues and expenses over a certain period of time.

Activity Variance

The difference between what was expected in terms of spending or usage during a period and what actually occurred.

Administrative Expenses

Costs associated with the general administration of a business, including items like salaries of executives, office supplies, and utilities.

Budgeting

Constructing a scheme to allocate your funds, specifying forthcoming financial ambitions and the tactics to achieve these goals.