Which One of the Following Is NOT a Function of Brokers

question 53

Multiple Choice

Which one of the following is NOT a function of brokers?

• A)Manage money for clients.
• B)Make the market work.
• C)Charge a fee for their services.
• D)Assist with the transaction process.

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Definitions:

Discounting Periods

The intervals at which cash flows are discounted back to their present value in financial analysis.

Annual Annuity

A financial product providing a series of payments made at equal intervals over a set period, typically one year.

Bank Account

An account managed by a bank where the monetary transactions between the bank and its customers are documented.

Annual Raises

Increases in salary or wage that are given to employees on a yearly basis, often based on performance or inflation adjustments.