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:

Soleus

A powerful muscle in the back part of the lower leg (the calf) that helps with walking and standing.

Tibialis Posterior

The tibialis posterior is a muscle in the lower leg involved in stabilizing the ankle and supporting the arch of the foot during movement.

Peroneus Longus

The Peroneus Longus is a muscle on the outer side of the lower leg, which helps in plantar flexion and eversion of the foot.

Supinator

A muscle in the forearm that assists in rotating the forearm and hand so that the palm faces upwards or forwards.