An arrangement offered by some brokerage firms that enables investors to diversify among various mutual funds and receive summary statement information is called a
A) mutual fund firm.
B) mutual fund security.
C) mutual fund supermarket.
D) mutual fund family.
Answer: C
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The discovery phase refers to the period when one becomes aware of a new business concept.
Answer the following statement true (T) or false (F)
At any given time, the yield curve is affected by I. lender preferences. II. inflationary expectations. III. liquidity preferences. IV. short- and long-term supply and demand conditions
A) I and IV only B) II, III and IV only C) I, II and III only D) I, II, III and IV
The function of which of the following components of an information system is to oversee if every data transaction made by an employee is logged in the information system?
A) strategy B) technology C) process D) data
A distributor of outdoor yard lights has four suppliers. This past season she purchased 40% of the lights from Franklin Lighting, 30% from Wilson & Sons, 20% from Evergreen Supply, and the rest from A. L. Scott
In prior years, 3% of Franklin's lights were defective, 6% of the Wilson lights were defective, 2% of Evergreen's were defective, and 8% of the Scott lights were defective. When the lights arrive at the distributor, she puts them in inventory without identifying the supplier. Suppose that a defective light string has been pulled from inventory; what is the probability that it was supplied by Franklin Lighting?A) 0.33 B) 0.45 C) 0.18 D) 0.29