A Stock That You Purchased at a Price of $22

question 101

Multiple Choice

A stock that you purchased at a price of $22 per share has risen to $46 per share. You wish to avoid losing all of your profit while still allowing an opportunity for additional gains; therefore, you should put in a sell stop order at a price of

• A) $22 per share.
• B) $40 per share.
• C) $47 per share.
• D) $53 per share.

---

Definitions:

Financial Services

A broad category that includes businesses and activities aimed at managing money, such as banking, investment, insurance, and real estate services.

QuickBooks Online Accountant

A cloud-based service provided by Intuit that allows accountants to manage their clients' books and collaborate online.

QuickBooks Desktop Accountant

A version of QuickBooks specifically designed for professional accountants, offering advanced features for bookkeeping, auditing, and financial analysis.

QuickBooks Desktop

A version of QuickBooks that is installed and runs on a computer's desktop, offering accounting solutions.