List five considerations or characteristics when purchasing a mutual fund

What will be an ideal response?


Answer: Investment objective, return, expense ratio, load or no-load, minimum investment amount, risk, types of stocks or bonds in the portfolio, prior history and financial condition of the fund, investment company.

Business

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Assuming that the Morocco Desk Co purchases 8,000 feet of lumber at $6.00 per foot and the standard price for direct materials is $5.00, the entry to record the purchase and unfavorable direct materials price variance is:

A) Direct Materials 40,000Direct Materials Price Variance 8,000Accounts Payable 48,000 B) Direct Materials 40,000Accounts Payable 40,000 C) Direct Materials 48,000Direct Materials Price Variance 8,000Accounts Payable 40,000 D) Work in Process 48,000Direct Materials Price Variance 8,000Accounts Payable 40,000

Business

General government regulation consists of laws that regulate ________

A) the legislative branch of the federal government B) government-aided organizations C) the executive branch of the federal government D) businesses and industries

Business

The same job evaluation plan that has been developed using benchmark jobs must be applied to non-benchmark jobs.

Answer the following statement true (T) or false (F)

Business

The measure of damages in contracts cases is

A) The cost to the injured party of the consequences of a breach. B) Reasonable foreseeability C) Only those damages which are not considered too remote. D) Those losses that happen in the normal course of business. E) Both B and C

Business