What are the differences between an ETF and a mutual fund?
A) An ETF can be traded like a share of common stock.
B) An ETF can be purchased on margin or sold short like a share of common stock.
C) An ETF is more tax-efficient than most mutual funds.
D) All of the above are correct.
E) Only A and C are correct.
Answer: D
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A purchase on account with an invoice price of $750 has been made. The entry to record the payment after the 2 percent discount period would include a(n)
a. decrease to Accounts Payable for $750. b. decrease to Purchases Discounts for $15. c. increase to Accounts Payable for $735. d. decrease to Cash for $735.
Destructive leaders such as Hitler and those who lead White supremacy groups gain followers because they prey on people’s psychological need to ______.
A. become well-known B. feel secure C. feel powerless D. feel chosen or special
Go!is a handheld video game featuring races between imaginary creatures and vehicles. The graphics used in the game are protected by
a. copyright law. b. patent law. c. trademark law. d. trade secrets law.
Retailers form an important link in the marketing channel because they are both marketers and customers.
Answer the following statement true (T) or false (F)