SEC Rule 12b-1 Allows Managers of Certain Funds to Deduct

question 79

Multiple Choice

SEC rule 12b-1 allows managers of certain funds to deduct __________ expenses from fund assets,however,these expenses may not exceed __________ of the fund's average net assets per year.

• A) marketing; 1%
• B) marketing; 5%
• C) administrative; 0.5%
• D) administrative; 2%

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Definitions:

Corporate Global Strategy

A business approach that defines a company's goals, tactics, and policies to compete and operate internationally.

Labor Relations

The study and practice of managing the relationships between employers and employees, often focusing on collective bargaining, unions, and workers' rights.

Corporate Internationalization

The expansion of a company's operations and influence beyond its national borders, entering foreign markets through trade, investment, or partnerships.

Unions

Organizations formed by workers to protect their rights and interests, often engaging in collective bargaining with employers.