Which One of the Following Statements Is False

question 79

Multiple Choice

Which one of the following statements is false?

• A) An exchange-traded fund invests in the stocks or securities contained in a stock or securities index.
• B) With an exchange-traded fund, an investor can purchase as little as one share.
• C) The return on shares in an exchange-traded fund tend to mirror the performance of the index.
• D) A passively-managed exchange-traded fund manager needs to make more decisions than an actively-managed mutual fund manager.
• E) Exchange-traded funds are increasing in popularity.

---

Definitions:

Attorney Services

Professional legal services provided by a licensed attorney, including advising clients, representing them in court, and drafting legal documents.

Dischargeable

Describes debts that can be eliminated through bankruptcy, releasing the debtor from personal liability for certain financial obligations.

Medical Expenses

Costs incurred from medical care, treatments, or procedures, often considered for financial accounting, insurance claims, or tax deductions.

Credit Card Debts

Financial obligations resulting from the use of a credit card to borrow money or purchase goods and services.