Which of the Following Can Be the Source of Profits

question 73

Multiple Choice

Which of the following can be the source of profits for owners of a Canadian bond mutual fund?

• A)Interest, dividends and capital gains
• B)Interest and capital gains
• C)Interest and dividends
• D)Dividends and capital gains

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Definitions:

Production Budget

A financial plan that estimates the number of units that must be produced within a specific period to meet anticipated sales demands and maintain inventory levels.

Sales Forecast

An estimate of the amount of goods or services a company expects to sell in a future period.

Activity Index

A measure used to estimate the level of activity or volume of production that affects costs in variable costing.

Budgeting Faculty Positions

The process of planning and allocating financial resources for academic staff positions within educational institutions.