A mutual fund that does not charge investors a fee and sells direct to investors is a(n) ________ mutual fund
Fill in the blank(s) with the appropriate word(s).
Answer: no-load
You might also like to view...
Data in the employee/payroll master data originates in HR and payroll
Indicate whether the statement is true or false
Employee empowerment is more effective or appropriate if ______.
a. The business strategy emphasizes high-cost, low-volume operations. b. The customer relationships are short term. c. The technology is simple and routine. d. The company offers personalized service.
The firm offer rule allows the offeror to revoke an offer at any point of time prior to the acceptance.
Answer the following statement true (T) or false (F)
Rients Corporation is a service company that measures its output by the number of customers served. The company has provided the following fixed and variable cost estimates that it uses for budgeting purposes and the actual results of operations for October. Fixed Element per MonthVariable Element per Customer ServedActual Total for OctoberRevenue $4,100$182,900Employee salaries and wages$42,300 $1,300$98,800Travel expenses $700$30,500Other expenses$31,500 $31,900?When the company prepared its planning budget at the beginning of October, it assumed that 39 customers would have been served. However, 44 customers were actually served during October.?The spending variance for "Travel expenses" for October would have been closest to:
A. $3,200 U B. $300 U C. $3,200 F D. $300 F