Mutual Funds Often Offer Multiple Share Classes Which Differentiate Between

question 76

True/False

Mutual funds often offer multiple share classes which differentiate between different methods of paying the sales loads and management fees.

---

Definitions:

ABC

A costing method that identifies activities in an organization and assigns the cost of each activity to products or services according to the actual consumption.

Overhead Costing Systems

Methodologies used to allocate indirect costs (overhead) to products or services, which may vary depending on the costing approach (e.g., traditional costing or activity-based costing).

Overhead Allocation Base

A metric used to assign indirect costs to cost objects, often based on time, labor, or machine hours.