A Financial Advisor Who Is Required to Act in Their

question 27

Multiple Choice

A financial advisor who is required to act in their clients' best interests is said to be

• A) engaged.
• B) a fiduciary.
• C) a broker-dealer.
• D) an investment manager.

---

Definitions:

Videotape

A magnetic tape used for recording and playing back visual and auditory information.

Soundtrack

The audio component of a movie, video game, or television program, including music, dialogue, and sound effects.

Source Misattribution

A memory error where a person is unable to remember the correct source of a memory, leading to incorrect assumptions about its origin.

Explicit Memory

Explicit memory is a type of long-term memory that involves conscious recollection of specific facts and events that can be verbally stated, such as remembering the name of a place or what happened at a particular event.