Which of the Following Statements Is False

question 65

Multiple Choice

Which of the following statements is false?

• A)The purpose of investing in a closed-end or open-end mutual fund is to earn a financial return.
• B)Income dividends are the earnings that a fund pays to shareholders after it has deducted expenses from its dividend and interest income.
• C)Capital gain distributions are the payments made to a fund's shareholders that result from the sale of securities in the fund's portfolio.
• D)It is possible to make money on a mutual fund by purchasing shares at a high price and then selling them at a low price at a later date.
• E)Real estate funds aim for long term growth

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Definitions:

Backlash

The looseness or lost motion in a mechanical system, often noticeable in gear trains where there is a gap between mating gear teeth.

Magnetic Base

A mounting device equipped with a magnet, commonly used to temporarily secure metal objects or components in place, especially in metalworking and machining operations.

Chisel And Punch

Tools used for cutting, shaping, or making holes in hard materials like metal or wood, with the chisel having a sharp edge and the punch being a hard metal rod with a pointed tip.

Eye Protection

A safety measure that involves wearing goggles or shields to protect the eyes from hazardous materials, debris, or light rays.