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Which of the following statements regarding a unit investment trust (UIT) is false?
A. Shares of UITs trade on exchange floors.
B. A UIT has a fixed number of shares.
C. All UITs are established with a termination date.
D. UITs are actively managed.
Answer: D
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.
NEW QUESTION: 2
Structural Testing is also referred to as:
A. Functional Testing
B. User Acceptance Testing
C. Black Box Testing
D. White Box Testing
Answer: D
NEW QUESTION: 3
What does a high "gc current block busy" event value indicate?
A. Delay in processing has occurred In the GCS, caused by CPU saturation and would have to be solved by additional CPUs and load-balancing.
B. Access to cached data blocks was delayed because they were busy either in the remote or the local cache.
C. A large number of requested blocks were not cached In any instance.
D. Asynchronous input/output (I/O) is disabled.
Answer: B
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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