Author Question: The type of investment that combines and invests the funds of many individual investors under the ... (Read 88 times)

lak · **on:** Jul 14, 2018

The type of investment that combines and invests the funds of many individual investors under the guidance of a portfolio manager who evaluates and selects securities to meet the portfolio objectives is called a(n):
A) NOW account.
B) exchange-traded fund (ETF).
C) prospectus.
D) mutual fund.
E) option fund.

Question 2

You work on a team where the leadership role is rotated among team members. You hold each other mutually responsible for meeting team objectives. Based on this information you are on a(n):
A) functional team.
B) MBO team.
C) cross-functional team.
D) self-managed team.
E) virtual team.