Which Statement Is Correct

question 62

Multiple Choice

Which statement is correct?

• A) If Q < K, then products must be converted to reactants.
• B) If Q > K, then reactants must be converted to products.
• C) If Q = K, then the system is at equilibrium.
• D) If Q < K, then more reactants are produced.
• E) None of the answers is correct.

Recognize the tax implications of investing in mutual funds, including the taxation of income dividends and capital gain distributions.

Comprehend the method and options for purchasing, withdrawing, and reinvesting in mutual funds.

Understand the importance of a mutual fund's prospectus and what information it contains.

Grasp the concept of fund management, including fees, professional management, and investment strategies.