Spreadsheet Software Is More Powerful Than Financial Planning Software

question 117

True/False

Spreadsheet software is more powerful than financial planning software.

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Definitions:

AMEX

The American Stock Exchange, a stock exchange in the United States where stocks and options are traded.

Market Order

A buy or sell order to be executed immediately at current market prices.

Limit-Sell Order

A stock market order to sell a security when it reaches a certain price, used to lock in profits or limit losses.

Maintenance Margin

The minimum amount of equity that must be maintained in a margin account after a purchase has been made, to keep the account open.