Question
a) Help Aunt Nelly understand the typical investment income received by various mutual fund types. Insert an X in the table where investment income applies.
a) Help Aunt Nelly understand the typical investment income received by various mutual fund types. Insert an X in the table where investment income applies. (2.75 marks)
| Typical income received by various mutual fund types |
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Interest |
Canadian Dividends |
Capital gains | Foreign income or other income | |||
| Canadian money market mutual fund |
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| Canadian equities mutual fund |
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| U.S. equities mutual fund |
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| International equities mutual fund |
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| Balanced mutual fund |
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Auditing Cases An Active Learning Approach
Authors: Mark S. Beasley, Frank A. Buckless, Steven M. Glover, Douglas F. Prawitt
2nd Edition
9781266566899
