Question

What is an advantage of mutual funds in terms of administration?

a.

Increased administrative work for investors

b.

Time-consuming investment function

c.

Reduced administrative and paperwork for small investors

d.

Complex and inconvenient investment process

Answer: (c).Reduced administrative and paperwork for small investors Explanation:Investing in a mutual fund reduces administrative and paperwork for small investors, making the investment function easy and convenient.

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Q. What is an advantage of mutual funds in terms of administration?

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