All of the Following Investments Are Recommended for Tax Qualified

question 1

Multiple Choice

All of the following investments are recommended for tax qualified accounts except:

• A)This is recommended.Bonds create ordinary income.
• B)This is recommended.Certificates of Deposit create ordinary income.
• C)Stock.Creates long-term capital gain income;therefore best used in taxable accounts.
• D)This is recommended.Treasury bills create ordinary income.

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Definitions:

Watergate Scandal

A major political scandal in the early 1970s involving burglary, wiretapping, and cover-up by members of the Nixon administration, leading to President Nixon's resignation.

Cover-Up

An attempt to prevent the public or authorities from discovering misconduct or a wrongdoing.

Richard Nixon

The 37th President of the United States (1969-1974), known for his involvement in the Watergate scandal and his subsequent resignation.

Source Amnesia

A memory disorder where an individual can remember information but cannot recall how or where they came to know it.