Which of the following would you expect to have the lowest expense ratio?
A)
The XYZ Aggressive Growth Fund
B)
The MNO Small Cap Growth Fund
C)
The ABC Corporate Bond Fund
D)
The QRS Stock Income Fund
Give this one a try later!
, The ABC Corporate Bond Fund
Bond mutual funds typically have lower expense ratios than stock funds,
which tend to be riskier and require more sophisticated investment
strategies. The ABC Bond fund is the only bond mutual fund listed. Growth
funds involve equities (stock), and of course, the stock income fund
specifies equities as well.
Which of the following direct participation programs (DPPs) is most likely to be
associated with intangible costs and depletion allowances?
A)
Real estate raw land program
B)
Real estate existing property program
C)
Oil and gas income program
D)
Equipment leasing program
Give this one a try later!
Oil and gas income program
Intangible drilling costs (IDCs) are those that are associated with items that
have no resale or recoverable value when the program ends. Examples of
intangible costs would be wages and insurance premiums. Tangible or
recoverable costs are those associated with items like equipment that can
be sold when the program ends. Depletion allowances can only be
associated with programs where natural resources might be depleted such
as oil, gas, or even timber.
When an issuing company sells securities to primarily institutional investors and a
small number of wealthy individuals, as opposed to the general investing public in an
exempt offering, this is known as
, A)
a secondary offering.
B)
a private placement.
C)
a primary placement.
D)
a secondary placement.
Give this one a try later!
a private placement.
A private placement occurs when the issuing company sells securities that
are exempt from registration to private investors, as opposed to the
general investing public. These investors tend to be institutional investors
and small groups of wealthy individuals who meet certain net worth and
income criteria.
To facilitate a public offering where securities are offered and sold to the investing
public, issuers will utilize the services of all of the following except
A)
underwriters.
B)
broker-dealers.
C)
U.S. stock exchanges.
D)
investment bankers.
Give this one a try later!
A)
The XYZ Aggressive Growth Fund
B)
The MNO Small Cap Growth Fund
C)
The ABC Corporate Bond Fund
D)
The QRS Stock Income Fund
Give this one a try later!
, The ABC Corporate Bond Fund
Bond mutual funds typically have lower expense ratios than stock funds,
which tend to be riskier and require more sophisticated investment
strategies. The ABC Bond fund is the only bond mutual fund listed. Growth
funds involve equities (stock), and of course, the stock income fund
specifies equities as well.
Which of the following direct participation programs (DPPs) is most likely to be
associated with intangible costs and depletion allowances?
A)
Real estate raw land program
B)
Real estate existing property program
C)
Oil and gas income program
D)
Equipment leasing program
Give this one a try later!
Oil and gas income program
Intangible drilling costs (IDCs) are those that are associated with items that
have no resale or recoverable value when the program ends. Examples of
intangible costs would be wages and insurance premiums. Tangible or
recoverable costs are those associated with items like equipment that can
be sold when the program ends. Depletion allowances can only be
associated with programs where natural resources might be depleted such
as oil, gas, or even timber.
When an issuing company sells securities to primarily institutional investors and a
small number of wealthy individuals, as opposed to the general investing public in an
exempt offering, this is known as
, A)
a secondary offering.
B)
a private placement.
C)
a primary placement.
D)
a secondary placement.
Give this one a try later!
a private placement.
A private placement occurs when the issuing company sells securities that
are exempt from registration to private investors, as opposed to the
general investing public. These investors tend to be institutional investors
and small groups of wealthy individuals who meet certain net worth and
income criteria.
To facilitate a public offering where securities are offered and sold to the investing
public, issuers will utilize the services of all of the following except
A)
underwriters.
B)
broker-dealers.
C)
U.S. stock exchanges.
D)
investment bankers.
Give this one a try later!
