Choose the Word or Phrase in [ ] Which Will

question 165

Short Answer

Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
-The actual ownership of a mutual fund is in the hands of the [management company | shareholders].

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Definitions:

Net Income

The end profit of a company after revenue has been reduced by expenses and taxes.

Revenues Over Expenses

The surplus resulting when total revenues exceed total expenses in a business, indicating profitability.