Which of the Following Statements Is NOT Correct

question 36

Multiple Choice

Which of the following statements is NOT correct?

• A)ETFs are like index mutual funds in that the share price adjusts over time in response to changes in the index level.
• B)ETFs normally do not have capital gains and losses that must be distributed to shareholders.
• C)The portfolio management of both ETFs and index mutual funds is very complex.
• D)ETFs can be traded throughout the day.

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Definitions:

Superego

(sue-per-EE-go) The moral system of the personality, which consists of the conscience and the ego ideal.

Angel

A spiritual being believed to act as a messenger of God, typically portrayed as a human figure with wings.

Conscience

An inner sense of right and wrong that guides a person's thoughts and actions.

Ego Ideal

The component of the personality composed of the standards of what one aspires to be, based on societal values and parental expectations.