A(n)____ Actually Runs the Portfolio and Makes the Buy and Sell

question 89

Multiple Choice

A(n) ____ actually runs the portfolio and makes the buy and sell decisions

• A) transfer agent
• B) distributor
• C) money manager
• D) investment advisor
• E) c and d

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Definitions:

Merit Rating

A system used to evaluate the performance, abilities, and skills of employees or organizations, often influencing rewards, promotions, or premiums.

FICA Tax

A United States federal payroll tax that funds Social Security and Medicare, contributions are made by both employees and employers.

Social Security

A government system that offers financial assistance to people in the form of retirement benefits, disability income, and other payments.

Medicare

A federal health insurance program in the United States for people aged 65 and over, as well as for some younger people with disabilities.