A Document That Contains Specific Information Regarding a Mutual Fund

question 36

Multiple Choice

A document that contains specific information regarding a mutual fund, such as expenses, holdings, objective, management, etc., is called a(n) :

• A) indenture.
• B) gratuity.
• C) grievance.
• D) prospectus.
• E) fund filing.

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Definitions:

Smart Cards

Physical cards with embedded integrated circuits that can process information, used for secure transactions and identification.

Security Programming

The process of designing and implementing software and systems with measures to protect against unauthorized access, use, disclosure, disruption, modification, or destruction.

Electronic Fund Transfer Act

U.S. legislation that aims to protect consumers engaging in electronic transfers of funds, including direct deposits, ATM transactions, and debit card payments.

UCC Article 4A

Governs the transfer of funds via electronic means between banks and provides rules for electronic payment orders.