What Functions Do Mutual Funds Perform for the Public

question 39

Multiple Choice

What functions do mutual funds perform for the public?

• A)They acquire and pool funds from the public.
• B)They invest the funds in capital market instruments.
• C)They return the income received minus a management fee.
• D)All of the above are functions of mutual funds.

Understand the stakeholder relationship between employees and employers.

Identify the components and activities of human resources management.

Describe the composition of the human resources triad and its significance.

Analyze the relationship between businesses and society, including conflicts and stakeholder interests.

---

Definitions:

Cost Accounting

An accounting method focused on capturing a company's total costs of production by assessing both fixed and variable costs.

Capital Expenditures

Funds used by a company to acquire or upgrade physical assets such as property, industrial buildings, or equipment to improve its long-term productivity and efficiency.

Financial Planning

The process of creating strategies for managing financial affairs, including budgeting, investing, and retirement preparation, to achieve one’s financial goals.

Cash Management

The process of collecting, managing, and investing a company's cash in a way that maximizes the efficiency of its operations and reduces the risk of financial distress.