Which of the Following Is True About Mutual Fund Expenses

question 21

Multiple Choice

Which of the following is True about mutual fund expenses?

• A)International equity funds often have higher MERs.
• B)The MERS of all kinds of funds are roughly the same.
• C)Management fees include all sales and administration expenses.
• D)The funds with higher MERs pay the sales people the most.

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Definitions:

Least Formed Stool

Describes stool that is typically more liquid than solid, often indicating gastrointestinal issues or infections.

Digestive Tract

The series of hollow organs joined in a long, twisting tube from the mouth to the anus, including the stomach and intestines, responsible for digesting food and processing waste.

Peristalsis

A series of wave-like muscle contractions that moves food through the digestive tract.

Bowel Movement

The final act of digestion, where solid waste is expelled from the body through the anus.