Which One of the Following Statements Is Correct

question 60

Multiple Choice

Which one of the following statements is correct?

• A)Professional money managers outperformed the Vanguard 500 Index Fund on an annual basis more than half the time for the period 1986-2014.
• B)Purchasing and holding a broad-based index fund is a highly recommended means of investing.
• C)The number of general equity mutual funds has decreased over the past 20 years due to their underperformance as compared to index funds.
• D)The survivorship bias lowers the returns earned by professional money managers as a group.
• E)In an efficient market, there is no need for professional money managers.

Grasp the protocols for follow-up actions in business reports to ensure accountability and clarity on next steps.

Understand the structural components of a report and their significance.

Recognize the importance of credibility in report writing.

Identify strategies for making a report clear, compelling, and persuasive.

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Definitions:

Major Product

The main substance produced in a chemical reaction, often present in the largest amount among other products.

Benzoyl Chloride

An organic compound used as an acylating agent in organic synthesis, with the formula C6H5COCl.

Phenyl Propyl Ketone

An organic compound consisting of a ketone functional group bonded to a phenyl group and a propyl group.

Major Organic Product

The primary product of an organic reaction that is formed in greater quantity than any other products.