Which of the Following Statements Is Incorrect

question 54

Multiple Choice

Which of the following statements is incorrect?

• 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:

English Leaders

Individuals who have held significant political, military, or cultural leadership roles in England, such as monarchs, prime ministers, and influential thinkers.

Atlantic World

A historical term referring to the interactions between the peoples and nations around the Atlantic Ocean rim from the late 15th century, especially concerning trade, migration, and cultural exchange.

Economic Rights

Rights that allow individuals to engage in activities essential to earn a living and support themselves and their families, including the right to work, to own property, and to fair wages.

Urban Areas

Regions characterized by high population density and vast human features in comparison to areas surrounding them, usually referring to cities or towns.