KSAs Are

question 51

Multiple Choice

KSAs are

• A) knowledge, skills, and aptitude
• B) knowing, showing, and applying
• C) knowledge, skills, and abilities
• D) knack, service attitude, and application

Understand the role and benefits of mutual funds, including professional management and diversification.

Identify different types of mutual funds, including tax-free interest income funds, load and no-load funds, and their fee structures.

Comprehend the costs associated with mutual fund investments, including 12b-1 fees and sales charges.

Grasp the concept and operations of open-end and closed-end funds.

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Definitions:

Friction

The resistance that one surface or object encounters when moving over another, often causing heat or wear.

Dermatomyositis

An inflammatory disease marked by muscle weakness and skin rash, primarily affecting the skin and skeletal muscles.

My/o

A prefix relating to muscle or muscles.

Muscle

A tissue composed of fibers capable of contracting to effect bodily movement.