All of the following situations will have a tax impact except for: Note-assume all accounts are invested
Question:
All of the following situations will have a tax impact except for:
Note-assume all accounts are invested in a balanced mutual fund.
a. | The rebalance of funds held within a non-registered account, where 20% of the underlying assets are different | |
b. | The rebalance of units held within a RSP account, where 20% of the underlying assets are different | |
c. | The sale of units held within a RSP acccount | |
d. | The sale of units held within a non-registered investmentacoun |
ABC Mutual Fund charges a fee which is based on the NAVPU upon acquisition of the units,and is actuallypaid when units are sold. This is called a/an:
a. | Front-end load | |
b. | Back-end load | |
c. | DSC | |
d. | Acquisition fee |
ABC Mutual Fund charges a fee which is based on the NAVPU upon sale of the units,and is actuallypaid when units are sold. This is called a/an:
a. | Acquisition fee | |
b. | Back-end load | |
c. | Front-end load | |
d. | DSC |
Risk is measured by all of the following except:
a. | The Sharpe ratio | |
b. | Beta | |
c. | Standard deviation | |
d. | The Rate Of Return |
Accounting for Governmental and Nonprofit Entities
ISBN: 978-1259917059
18th edition
Authors: Jacqueline L. Reck, James E. Rooks, Suzanne Lowensohn, Daniel Neely