The Most Popular and Least Complicated Method of Purchasing Shares

question 114

Multiple Choice

The most popular and least complicated method of purchasing shares in an open-end mutual fund is through a

• A)regular account.
• B)voluntary savings plan.
• C)contractual savings plan.
• D)minimum withdrawal plan.
• E)free contract plan.

---

Definitions:

Reportable Segments

This refers to distinct components of a business for which separate financial information is available and is regularly reviewed by the company's decision-makers.

Interest Revenue

Income earned by a company from its lending activities or from holding interest-bearing financial assets.

Seasonal Revenues

Income generated from business activities that fluctuates according to the season or a particular time of year, typical in industries like retail and agriculture.