Which of the Following Statements Regarding Fund Expenses and Performance

question 63

Multiple Choice

Which of the following statements regarding fund expenses and performance is true?

• A)The higher-performing funds generally have the highest expenses.
• B)The stock funds generally have higher expenses than bond funds.
• C)The index funds generally have higher expenses than non-index funds.
• D)The lower performing funds generally have the highest expenses.

---

Definitions:

Variable Manufacturing Overhead

Costs associated with the production process that fluctuate with the level of output, such as indirect materials and utilities used in manufacturing.

Direct Labour

Labor costs that are directly traceable to the production of goods or services.

Grinding Minutes

A term possibly used to quantify the time involved in a grinding process during manufacturing.

Monthly Demand

The total quantity of a product that consumers are willing and able to purchase within a specific month.