Examlex

Solved

A(n) ______________________________ Is a Tool That Assists in Evaluating the Potential

question 31

Short Answer

A(n) ______________________________ is a tool that assists in evaluating the potential effectiveness of controls in a particular business process by matching control goals with relevant control plans.


Definitions:

Actively Managed Mutual Funds

Investment funds where fund managers actively make decisions about buying and selling stocks or bonds to beat the market.

Passive Indexes

Investment funds designed to mimic the composition and performance of a designated market index, thereby minimizing management decisions and costs.

ETFs

Exchange-Traded Funds, investment funds that are traded on stock exchanges, much like stocks, but hold assets such as stocks, commodities, or bonds.

Front-end Load

A fee paid when purchasing shares of a mutual fund or other investment, typically used to cover commission expenses.

Related Questions