Which Statement Is NOT True? ​

question 20

Multiple Choice

Which statement is NOT true? ​

• A)Each client must have a separate file opened. ​
• B)Multiple legal matters for the same client may be kept together in the same file.
• C)Alphabetic systems require the shuffling of files.
• D)Alphabetic systems require the shuffling of files
• E)none of the above

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Definitions:

Projected Selling Price

The anticipated price at which a product or asset is expected to be sold in the future.

Expected Dividend

The dividend payments that investors anticipate receiving on their shares, based on the company's past dividends or growth prospects.

Securities Analysis

A systematic approach to valuing securities, especially stocks, by studying an issuing firm’s business and industry. The securities analyst plays an important role in the financial industry.

Dividends

Sum disbursed by a business to its shareholders, indicative of a fraction of the business's profit.