A Mutual Fund with Investments in Bonds, Stock, and Preferred

question 90

Multiple Choice

A mutual fund with investments in bonds, stock, and preferred shares would best be described as

• A)a balanced fund.
• B)a three sector fund.
• C)a mid-range fund.
• D)an income fund.

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Definitions:

Balanced Scorecard

A strategic planning and management system used by organizations to align business activities with the vision and strategy of the organization, improve internal and external communications, and monitor organization performance against strategic goals.

BSC Performance Perspectives

Four dimensions used in the Balanced Scorecard framework for strategic management, including financial, customer, internal processes, and learning and growth perspectives.

Leading Indicator

An economic factor that changes before the economy begins to follow a particular pattern or trend.

Lagging Indicator

Metrics that reflect the outcomes of economic, financial, or business activities after they have occurred, often used to assess performance.