To Start an Online Brokerage Account, You Need to Do

question 18

Multiple Choice

To start an online brokerage account, you need to do all of the following, except

• A) follow instructions to set up an account.
• B) mail or deposit cash in an account.
• C) go to the Web site.
• D) deposit a minimum number of shares already owned.

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Definitions:

Straight-Line Depreciation

A method of allocating an asset's cost evenly over its useful life.

Initial Investments

The initial amount of money invested in a project, asset, or company to start operations or purchase assets.

Income Taxes

Taxes imposed by the government on the income generated by individuals and businesses.

Capital Budgeting

The process of planning and managing a company's investments in major projects or assets with long-term implications.