Which of the Following Statements Is False

question 64

Multiple Choice

Which of the following statements is false?

• A)Most investors in mutual funds will tell you that the most important consideration in evaluating a mutual fund is long-term performance.
• B)It is possible to compare a fund's long-term performance with the performance of the TSE 300 stock index.
• C)The length of time a fund's manager has been managing a fund should not be considered when evaluating a fund because the investment company has the right to replace a fund manager.
• D)Long-term performance should not be the only factor that you consider in evaluating a mutual fund.
• E)Information on a fund's long-term performance is available in its prospectus and in other sources of financial information.

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Definitions:

Ultimate Causes

Fundamental reasons behind biological or behavioral phenomena, often involving evolutionary explanations.

Natural Selection

The evolutionary process where organisms better adapted to their environment tend to survive and produce more offspring.

Human Intelligence

The capacity for logic, understanding, self-awareness, learning, emotional knowledge, reasoning, planning, creativity, and problem-solving.

Common Ancestry

The concept in evolutionary biology that different species share ancestors from which they have diverged over time.