Mike Is in Treatment for Alcohol Abuse and Is Working

question 153

Multiple Choice

Mike is in treatment for alcohol abuse and is working on eliminating maladaptive negative thought patterns.His program uses the technique of:

• A) mental rebuilding
• B) abstinence
• C) free association
• D) cognitive-behavioral therapy

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Definitions:

Sales Load

A fee charged for the purchase or sale of shares in a mutual fund, often used to compensate brokers.

12b-1 Charge

A 12b-1 Charge is a fee assessed by mutual funds to cover marketing, distribution, and service expenses, included as part of the fund's operating expenses.

Unit Investment Trust

An investment company that offers a fixed portfolio of stocks, bonds, or other securities, which is typically unmanaged, to investors for a specific period of time.

Fixed Portfolio

An investment strategy where the asset allocation is set for the long term and is not adjusted in response to market conditions.