Which One of the Following Is Not a True Statement

question 61

Multiple Choice

Which one of the following is not a true statement?

• A)Most mutual funds invest in stocks, bonds, and other securities.
• B)Diversification provided by a mutual fund reduces risk.
• C)The goals of one mutual fund investor may differ from those of another.
• D)Since mutual fund managers are professionals, there is no need to evaluate a mutual fund.
• E)Mutual fund investments range from very conservative to very speculative investments.

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Definitions:

Minnesota Multiphasic Personality Inventory

A widely used psychological assessment tool designed to help diagnose mental disorders and assess personality structure.

Objective Test

A method of assessment where responses are limited to specific answers, allowing for easy scoring and comparison.

Questionnaire

A research instrument consisting of a series of questions for the purpose of gathering information from respondents.

Self-Awareness

The conscious knowledge of one's own character, feelings, motives, and desires.