A Mutual Fund That Requires Investors to Make Regular Purchases

question 145

Multiple Choice

A mutual fund that requires investors to make regular purchases over a specified period of time is called a:

• A)regular account.
• B)voluntary savings plan.
• C)contractual savings plan.
• D)minimum withdrawal plan.
• E)free contract plan.

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Definitions:

Critical Thinking

The objective analysis and evaluation of an issue in order to form a judgment, often characterized by clear and rational thinking.

Evidence-Based Management

The practice of using research-based facts to make decisions.

Contingency Thinking

The approach that describes actions as dependent on the nature of the situation; one size does not fit all.

Organizational Behavior

The study of individual and group dynamics within organizational settings, aiming to understand and improve workplace performance, motivation, and culture.