Examlex

Solved

A Smartphone User Entered an Incorrect Passcode on His Phone

question 37

Multiple Choice

A smartphone user entered an incorrect passcode on his phone several times in a row, which locked the device.
Which of the following steps should the user take first?


Definitions:

Front-end Load

A fee or commission charged to an investor at the time of initial purchase of an investment, such as a mutual fund or insurance product, usually a percentage of the investment amount.

Expense Ratio

The annual fee that mutual funds, ETFs, and other managed portfolios charge their shareholders, expressed as a percentage of assets under management.

Mutual Fund

A pooled investment fund that gathers resources from several investors to place into various investment options such as stocks, bonds, and money market instruments.

Front-end Load

A fee paid by an investor at the time of entering a fund, such as a mutual fund, which is typically used to cover the fund's sales and marketing costs.

Related Questions