Which of the Following Is Not a Source of Profits

question 60

Multiple Choice

Which of the following is not a source of profits for owners of a stock mutual fund?

• A)Dividends distributed by the mutual fund
• B)Interest distributed by the mutual fund
• C)Capital gains distributed by the mutual fund
• D)Capital gains from the sale of your shares in the mutual fund

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Definitions:

Fixed Maintenance

Scheduled or routine maintenance activities that incur costs regardless of the operational status of equipment.

Relevant Range

The range of activity within which the assumptions about variable and fixed cost behaviors hold true.

Variable Cost

Costs that change in proportion to the level of output or activity in a business operation.

Total Variable Cost

The total of all costs that vary with changes in the production level or sales volume, such as raw materials, direct labor, and variable overhead.