The net asset value of a mutual fund is determined four times each business day.

a. true
b. false

Ans: b. false

Business

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According to the hierarchy of ethical principles presented in the text, an action prohibited by ________ should also be unacceptable to ________

A) legal rules, societal norms B) personal norms, professional memberships C) organizational norms, societal norms D) professional memberships, legal rules

Business

Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement. You would expect to find an asset management account at a [commercial bank | brokerage firm].

Business