Which of the Following Statements Is False

question 39

Multiple Choice

Which of the following statements is false?

• A) There are two indexes that try to represent the performance of the Canadian stock market.
• B) A market index reports the price of a particular portfolio of securities that make up the index.
• C) Since 2002, Standard & Poor's Corporation of New York has managed the S&P/TSX Composite Index.
• D) The S&P/TSX Composite Index is a popular portfolio used to represent the market index when applying the CAPM to Canadian stocks, as it represents about 95% of Canada's equity market capitalization.

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Definitions:

Invoice

A document issued by a seller to a buyer, indicating the products, quantities, and agreed prices for products or services.

Payment

The amount of money transferred from one party to another in exchange for goods or services.

ROG

Receipt of Goods; the process of receiving and documenting the arrival of goods from a supplier.

Outstanding Balance

The total amount of money that is owed and still payable on a loan, credit card, or other financial accounts.