Compared to mutual funds, exchange traded funds (ETFs):
A. are more cost-effective for investors with a short-term horizon.
B. generate higher taxable gains.
C. accommodate investors pursuing narrow market segments.
D. are more diversified.
E. have higher overhead expenses.
Answer: C
You might also like to view...
The benefits of a single set of accounting standards used around the world would include all of the following except:
a. They would eventually save companies considerable money in accounting fees. b. They would prevent competitors from acquiring each other. c. They would allow easier comparisons by analysts and investors. d. They would facilitate access to foreign capital markets.
What are the effects on the accounting equation when a company makes the adjustment to record bad debt expense using the allowance method?
a. Assets and owners' equity increase. b. Assets and owners' equity decrease. c. Assets increase and owners' equity decreases. d. Assets decrease and owners' equity increases.
Secondary data can help you develop an approach to the problem, answer certain research questions and test some hypotheses, and interpret primary data more insightfully
Indicate whether the statement is true or false
Which of the following is a competitive position or role that firms play in the target market?
A) surrogate consumer B) market analyst C) market maven D) market nicher E) laggard