Which among the following is NOT a correct statement?
A. Hedge funds are not mutual funds
B. Hedge funds can be sold to public
C. Investors in mutual funds must pay various fees and expenses
D. Mutual funds provide economies of scale to investment decisions
Answer: Option B
Related Questions on Miscellaneous in Commerce
A. Expenditure for the business
B. Cost for the business
C. Gain for the business
D. None of the above
Which of these items would be accounted for as an expense?
A. Repayment of bank loan
B. Dividend to stock holders
C. The purchase of land
D. Payment of current period rent
Debit the receiver credit the giver rule for:
A. Real a/c
B. Personal a/c
C. Nominal a/c
D. None of these
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