Which of the Following Statements Is False

question 57

Multiple Choice

Which of the following statements is false?

• A)The purpose of investing in a closed-end fund,exchange-traded fund or open-end mutual fund is to earn a financial return.
• B)Income dividends are the earnings that a fund pays to shareholders from its dividend and interest income.
• C)Capital gain distributions are the payments made to a fund's shareholders that result from the sale of securities in the fund's portfolio.
• D)The only way to make money on a mutual fund is by selling shares at a higher price than was initially paid for them.
• E)Income dividends are taxable.

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Definitions:

Social Businesses

Companies designed to address social problems with commercial strategies while reinvesting profits back into their missions.

Yunus

Refers to Muhammad Yunus, a Bangladeshi social entrepreneur, banker, and economist known for founding the Grameen Bank and pioneering concepts of microcredit and microfinance.

Social Entrepreneurship

The use of startup companies and other entrepreneurs to develop, fund, and implement solutions to social, cultural, or environmental issues.

Ashoka's Fellows

A select group of social entrepreneurs recognized by the Ashoka organization for their innovative solutions to social problems, who are supported through funding and a global network.