Which One of the Following Costs Can a Mutual Fund

question 10

Multiple Choice

Which one of the following costs can a mutual fund shareholder avoid by holding shares for an extended period of time?

• A)12b-1 fee
• B)front-end load
• C)management fee
• D)contingent deferred sales charge
• E)trading costs

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Definitions:

Manufacturing Overhead

The indirect costs associated with manufacturing that are not directly tied to the production of goods, such as utilities, rent, and maintenance of equipment.

Cost of Goods Sold

An accounting term referring to the direct costs attributable to the production of the goods sold by a company, including materials and labor.

Balance Sheet

A financial statement that reports a company's assets, liabilities, and shareholders' equity at a specific point in time.

Spreadsheet

A digital document comprised of rows and columns, used to organize, calculate, and manage data, commonly through software like Microsoft Excel or Google Sheets.