Which of the Following Statements Is Incorrect

question 30

Multiple Choice

Which of the following statements is incorrect?

• A)Mutual funds serve as a key financial intermediary.
• B)Managers of mutual funds do not analyze economic and industry trends.
• C)Because of their diversification, management expertise, and liquidity, mutual funds have grown at a rapid pace.
• D)Some mutual funds offer check-writing privileges.

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Definitions:

Logical Reasoning

The process of using a rational, systematic series of steps based on sound mathematical procedures and given statements to arrive at a conclusion.

What-if Questions

What-if questions are hypothetical queries used for exploring different scenarios, possibilities, or outcomes, often in problem-solving, planning, or speculative thinking.

Creativity

The ability to produce original and valuable ideas or solutions by thinking beyond existing boundaries and conventions.

Right Half

Refers possibly to the right hemisphere of the brain, associated with creative and holistic thinking, or simply the right portion of any symmetrical object; the specific context is required for precise definition which here is not provided.