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Which of the following statements regarding a unit investment trust (UIT) is false?
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D. A UIT has a fixed number of shares.
Answer: B
Explanation:
Explanation/Reference:
Explanation: The statement that UITs are actively managed is the false statement. All UITs are passively managed. They do have a fixed number of shares that may either be redeemed through the trust or traded on exchange floors, and all UITs are established with a termination date.
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C. A large number of requested blocks were not cached In any instance.
D. Access to cached data blocks was delayed because they were busy either in the remote or the local cache.
Answer: D
Explanation:
The gc current block busy wait event indicates that the access to cached data blocks was delayed because they were busy either in the remote or the local cache. This could be caused by any of the following:
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