Which One of the Following Statements Is False

question 53

Multiple Choice

Which one of the following statements is false?

• A) The responsibility for choosing the right mutual fund rests with the individual investor.
• B) Professional fund managers do make mistakes.
• C) Although investing in mutual funds provides professional management, individual investors should continually evaluate their mutual fund investments.
• D) There is no need to evaluate mutual fund investments because investment companies hire the best professional managers they can to manage their funds.
• E) Individual investors should be involved in choosing a mutual fund because they know how the objectives of a mutual fund match their own investment objectives.

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Definitions:

Leader's Behavior

Refers to the actions and approaches taken by a leader in guiding, directing, and influencing the team or organization.

Situational Leadership

A leadership style that proposes the effectiveness of a leader is dependent on their ability to adapt their approach based on the maturity level or readiness of their team.

Air Traffic Controllers

These are professionals responsible for the safe, orderly, and expeditious flow of air traffic in the global air traffic control system.

Cultural Competence

The ability to understand, communicate with, and effectively interact with people across cultures.