Answer: True
Explanation: A mutual fund is a collective pool of funds provided by a group of individuals to money managers for investment in various securities such as stocks and bonds.
Due to it's collective nature, every shareholder or investor benefits and loses in equal portion - and the expenses of the mutual fund are shared in the expense ratio.
Because the funds are invested into stocks, bonds and other securities, they usually have a lower risk than individual stocks or bonds.
Answer:
No, If i were the sponser I'd not approve to change the scope.
Refer below for brief explanation.
Explanation:
Very few projects are completed on a scope that is decided at the first time.
When i was working in Software house and was in the team of web development, I was responsible for the front end development. Unfortunately my client was the person whose scope changes every month and the result that lapse the time, requirements change, cost changes.
Answer:
Option (C) is correct.
Explanation:
Given that,
Actual direct labor hours = 8,200
Actual rate = $12.40 per hour
Original production = 1,100 units
Actual units produced = 1,000
Labor standards = 7.6 hours per completed unit
standard rate = $13.00 per hour
Labor time variance:
= (Standard hours - Actual hours) × Standard rate
= (1,000 × 7.6 - 8,200) × $13
= 7,800 Unfavorable
Answer
The answer and procedures of the exercise are attached in the following archives.
Step-by-step explanation:
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Answer:
D: increase investment projects by firms
Explanation:
When interest rates are lowered, it is a green signal for small and medium size enterprises to borrow money for their investment projects.
