Which of the Following Statements,if Any,is (Are)true

question 40

Multiple Choice

Which of the following statements,if any,is (are) true?
I. Mutual funds never have runs.
II. Funds invested with insurers are as safe as deposits at a bank.
III. Pension funds generally have less liquidity risk than banks.

• A)All three are true.
• B)Only I is true.
• C)Only II and III are true.
• D)Only III is true.
• E)None are true.

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Definitions:

Common Fixed Expenses

Recurring expenses that do not vary with production level or sales volume, shared among different segments or products.

Operating Period

Refers to the span of time during which a company conducts its ongoing regular business activities.

Segment Margin

The amount of profit or loss generated by a particular segment of a business, after accounting for the direct and indirect costs associated with that segment.

Segmented Income Statement

A financial statement that breaks down revenues, expenses, and profits by specific segments, such as product lines or geographic areas, within a company.