An Asset Management Account Does All of the Following, Except

question 35

Multiple Choice

An asset management account does all of the following, except

• A) combines deposit accounts with a brokerage account that is used to buy or sell stocks.
• B) provides a single consolidated statement showing the ending balance and activity of all accounts.
• C) requires a small initial investment to start.
• D) sweeps any unused balance in the brokerage account into a money market account at the end of the day.

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