Having Money Taken at Regular Intervals from Your Paycheck and Put

question 30

Multiple Choice

Having money taken at regular intervals from your paycheck and put into a mutual fund is an example of a(n) :

• A)automatic investment plan.
• B)authorized deduction plan.
• C)systematic withdrawal plan.
• D)conversion privilege.
• E)index plan.

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Definitions:

Automotive Parts

Components and replacements parts specifically designed for use in motor vehicles, including both original equipment (OEM) and aftermarket parts.

Journal Entries

Entries made in the bookkeeping system of a business to record financial transactions, including details of debits and credits involved.

Gourmet Foods

High-quality or exotic ingredients and prepared foods that are often more costly and sought after for their unique flavors and presentation.

Merchandisers

Merchandisers are businesses or individuals that purchase goods for the purpose of selling them to consumers at a profit.