Which of the Following Is Not Considered to Be a Transaction

question 45

Multiple Choice

Which of the following is not considered to be a transaction cost?

• A)the commission paid to a broker
• B)a dealer's bid-ask spread
• C)the time it takes you to research the asset you want to buy or sell
• D)any taxes you must pay on the purchase or sale of the asset

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Definitions:

Boot Process

The sequence of events that occurs within a computer system from power-on until the operating system is fully loaded and the user can interact with the system.

Root Directory

The top level of the filing structure in a computer system. In Windows computers, the root directory of the hard drive is represented as C:\.

User Interface

The means by which a user interacts with a computer, software, or application, including visual elements like buttons and menus.

Application Programming Interface (API)

A set of software routines that allows one software system to work with another.