In Regards to Types of Order, Which of the Below

question 62

Multiple Choice

In regards to types of order, which of the below statements is FALSE?

• A) The simplest type of order is the market order, an order to be executed at the best price available in the market.
• B) The danger of a market order is that an adverse move may take place between the time the investor places the order and the time the order is executed.
• C) A buy limit order indicates that the stock may be purchased only at the designated price or lower, while a sell limit order indicates that the stock may be sold at the designated price or higher.
• D) The key advantage of a limit order is that there is no guarantee that it will be executed at all; the designated price may simply not be obtainable.

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Definitions:

Gain-Sharing Plan

A program designed to increase productivity and performance through shared rewards when specific company goals are achieved.

Labour Costs

The total expenses incurred by employers for the payment of wages, benefits, and taxes associated with the employment of labor.

Work-Related Accidents

Incidents that occur in the course of employment, leading to physical or mental injury.

Scanlon Plan

A type of gain-sharing program that rewards employees for contributions to productivity improvements through cost savings, emphasizing teamwork and participation.