If Rebecca's Mutual Fund Has a Sales Charge Schedule Saying

question 36

Multiple Choice

If Rebecca's mutual fund has a sales charge schedule saying that if the fund is sold within the first year,the sales charge is 6 percent and if it is sold in the third year,the sales charge becomes 4.5 percent,Rebecca's mutual fund has a

• A)low load.
• B)discount-fee.
• C)broker commission.
• D)declining redemption schedule.

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Definitions:

Geographical Structures

Organizational structures that are based on the geographical location of facilities, resources, or markets, often used to address specific regional requirements or strategies.

Same Location

Describes a scenario where activities or entities are situated within the same geographical area or address.

Jobs

are positions of employment where individuals perform specific tasks and duties in exchange for compensation.

Divisional Structure

An organizational structure where the company is divided into semi-autonomous units or divisions, each responsible for certain products or services.