A 12b-1 Fee Is Actually a Perpetual Sales Load Because

question 13

True/False

A 12b-1 fee is actually a perpetual sales load because it is assessed on the investment,as well as on reinvested dividends,every year forever.

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Definitions:

Opening Inventory

This is the value of inventory (raw materials, work-in-progress, and finished goods) at the beginning of an accounting period.

Production Budget

An estimate of the total cost of production, including direct labor, materials, and overhead expenses, for a specific period.

Cash Budget

A financial plan that estimates cash inflows and outflows over a specific period, usually for managing liquidity.

Disbursements

Payments made by a business, often related to its operational expenses.