Which of the Following Is Not a True Statement

question 63

Multiple Choice

Which of the following is not a true statement?

• A)Many investors have found a wealth of information about mutual fund investments on the Internet.
• B)It is possible to obtain market quotes for a mutual fund by using the Internet.
• C)Most investment companies that sponsor mutual funds have a Web page.
• D)It is impossible to obtain online information about a mutual fund by accessing the Web page for one of the professional advisory services.
• E)A mutual fund's Web site will provide information about how to open an account, current market quotes, and other important information about a specific fund.

Understand the accounting treatment and implications of treasury stock transactions and dividend distributions.

Understand the concept and mechanics of stock splits and stock dividends, and the differences between them.

Learn how to rectify accounting errors and adjust for changes in estimates related to assets' accounting.

Calculate a company's price-earnings ratio using given financial data.

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Definitions:

Stock Shares

Units of ownership in a corporation that represent a claim on part of the corporation's assets and earnings.

Ticker P&G

The stock symbol representing Procter & Gamble Co, used for tracking the performance of its shares in the financial markets.

Quarterly Dividend

A payment made by a corporation to its shareholders, usually as a distribution of profits, every three months.

Annual Dividend

A payment made by a corporation to its shareholders, usually on an annual basis, from its profits.