Which One of the Following Statements Is True

question 100

Multiple Choice

Which one of the following statements is true?

• A) Most mutual funds are managed funds.
• B) The role of a fund manager is not important because the investment company is always changing managers.
• C) You should ignore fees when comparing mutual funds.
• D) Managed funds are usually index funds.
• E) A team of managers is always better than a single fund manager.

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Definitions:

Unbiased

Showing no prejudice or favoritism, maintaining impartiality.

Recorded Interview

An interview whose contents have been documented through audio or video recording.

Objective

An unbiased and impartial stance or goal that is not influenced by personal feelings or opinions.

Personal Biases

Individual preconceptions or prejudices toward specific groups, topics, or ideas that can affect judgment and decision-making.