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Which of the Following Is TRUE of Mutual Funds

question 120

Multiple Choice

Which of the following is TRUE of mutual funds?
I. Active funds generally give higher returns than passive funds.
II. Most mutual funds generally give higher returns than broad stock indexes.


Definitions:

Service Representative

An individual who represents a company or service, providing assistance, information, and support to customers or clients.

Vendor

A third-party supplier or service provider that sells products or services to organizations or individuals.

Contingency Fund

A reserve of money set aside to cover unexpected costs or financial shortfalls during a project.

Organization Type

Categorizes an entity based on its purpose, structure, and operations, such as non-profit, corporation, or government entity.

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