Which One of the Following Statements Is Not Characteristic of Mutual

question 92

Multiple Choice

Which one of the following statements is not characteristic of mutual funds?

• A) They are always considered to be financial institutions.
• B) They raise money by selling shares to investors.
• C) They pool the savings of many investors.
• D) They offer professional management and portfolio diversification.

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Definitions:

Psychological Contracts

Represent the unwritten, perceived agreements between employees and employers regarding expectations, obligations, and promises typically not covered in formal contracts.

Realistic Job Previews

A technique used in the recruitment process to give prospective employees a true picture of what their job will entail, both the positive and negative aspects.

Unrealistic Expectations

Expectations that are not reasonable or likely to be met, often leading to disappointment or frustration.

Job Candidates

Individuals who apply for, or are considered for, employment opportunities.