Which of the Following Statements Is False

question 103

Multiple Choice

Which of the following statements is false?

• A) The Wilshire 5000 is a stock index that consists of the stocks of about 6,500 firms.
• B) Instead of buying a mutual fund that consists of various stocks picked by a fund manager you can buy a mutual fund that consists of the stocks that make up a particular stock index.
• C) The term Sypders stands for "Standard & Poors Direct Receipts."
• D) When an investor buys Spyders they are said to "buy the market."

---

Definitions:

Tuition Reimbursements

Programs where employers pay back employees for the costs of furthering their education, as related to their job.

Defined Benefits

A type of pension plan in which an employer promises a specified pension payment upon retirement, calculated based on factors such as salary history and duration of employment.

In-house System

An in-house system is a software or technological solution developed by an organization's own IT department for use within the same organization, rather than purchasing or outsourcing from external vendors.

Benefits Specialist

A human resources professional who focuses on managing and administering employee benefits programs, such as health insurance, retirement plans, and leave policies.