, 1 of 100
Term Definition
5. Which example demonstrates C
direct use of capital savings?
A. Depositing funds in a
Canadian bank account.
B. Purchasing an investment
fund.
C. Purchasing a company's
stocks.
D. Building a new factory.
Give this one a try later!
True False
Correct definition
D
2 of 100
Term Definition
24.What is the step in the A
financial planning process that
includes a discussion of a
client's household budget?
A. Identify financial situation
,and constraints.
B. Gather data and identify
goals and objectives.
C. Interview the client.
D. Develop a written financial
plan.
Give this one a try later!
True False
3 of 100
Term Definition
10.If the Consumer Price Index B
(CPI) was 140.6 last year and
146.9 this year, what was the Current yield = (Seven-day yield
inflation rate over the year? × )
A. 4.12% B. 6.04% C. 5.20% D. (0.0005 × ) = 0.0261
4.48%
Give this one a try later!
True False
Correct definition
D
(End CPI - Beginning CPI) / Beginning CPI
, 4 of 100
Term Definition
80.Which Sharpe ratio result C
would indicate that the fund The Sharpe ratio is calculated as
earned a return less than the (Fund Return - T-bill Rate) ÷
risk-free return? Fund Standard Deviation. A
negative Sharpe ratio means the
A. 0.5 mutual fund has a return less
B. 1 than the risk-free rate, as the
C. -0.2 numerator of the ratio would be
D. 2.5 negative.
Give this one a try later!
True False
5 of 100
Term Definition
52.Apex Mutual Fund has been
C
structured to avoid taxation by
distributing any net interest,
dividends, and capital gains to
unitholders each calendar year.
This is an example of what type
of mutual fund structure?
A. Closed-end mutual fund.
B. Open-ended mutual fund.
C. Mutual fund trust.
D. Mutual fund corporation.
Term Definition
5. Which example demonstrates C
direct use of capital savings?
A. Depositing funds in a
Canadian bank account.
B. Purchasing an investment
fund.
C. Purchasing a company's
stocks.
D. Building a new factory.
Give this one a try later!
True False
Correct definition
D
2 of 100
Term Definition
24.What is the step in the A
financial planning process that
includes a discussion of a
client's household budget?
A. Identify financial situation
,and constraints.
B. Gather data and identify
goals and objectives.
C. Interview the client.
D. Develop a written financial
plan.
Give this one a try later!
True False
3 of 100
Term Definition
10.If the Consumer Price Index B
(CPI) was 140.6 last year and
146.9 this year, what was the Current yield = (Seven-day yield
inflation rate over the year? × )
A. 4.12% B. 6.04% C. 5.20% D. (0.0005 × ) = 0.0261
4.48%
Give this one a try later!
True False
Correct definition
D
(End CPI - Beginning CPI) / Beginning CPI
, 4 of 100
Term Definition
80.Which Sharpe ratio result C
would indicate that the fund The Sharpe ratio is calculated as
earned a return less than the (Fund Return - T-bill Rate) ÷
risk-free return? Fund Standard Deviation. A
negative Sharpe ratio means the
A. 0.5 mutual fund has a return less
B. 1 than the risk-free rate, as the
C. -0.2 numerator of the ratio would be
D. 2.5 negative.
Give this one a try later!
True False
5 of 100
Term Definition
52.Apex Mutual Fund has been
C
structured to avoid taxation by
distributing any net interest,
dividends, and capital gains to
unitholders each calendar year.
This is an example of what type
of mutual fund structure?
A. Closed-end mutual fund.
B. Open-ended mutual fund.
C. Mutual fund trust.
D. Mutual fund corporation.
