Advantages of index funds include which of the following?
I. Low management fees.
II. They outperform most actively managed funds.
III. They have a balanced mix of stocks and bonds.
IV. Securities in the portfolio are selected by professional analysts.
A) I and IV only
B) I and II only
C) I, III, and IV only
D) I, II, III and IV
Answer: B
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Which of the following statements is true with respect to the general structure of a corporation?
A. The corporation is treated as a legal person with rights and obligations jointly shared with its owners and managers. B. Shareholders establish corporate policies and elect or appoint corporate officers. C. A corporation is governed by shareholders who elect a board of directors and approve fundamental changes in its structure. D. The board of directors is responsible for carrying out the corporate policies in the day-to-day management of the organizations.
The competitive frame of reference defines which other brands that a brand competes with
Indicate whether the statement is true or false