Which of the Below Statements Is FALSE

question 27

Multiple Choice

Which of the below statements is FALSE?

• A) Dealers provide value to the transaction process by providing capital for trading and facilitating order handling.
• B) With respect to order handling, dealers provide value by assisting in the price improvement of customer orders; that is, the order is executed within the bid-offer spread.
• C) The over-the-counter markets (OTC markets) are order-driven markets.
• D) Dealers provide value by facilitating the market timing of customer orders to achieve price discovery.

---

Definitions:

Net Loss

The amount by which total expenses exceed total revenues in a financial period, indicating a loss.

Operations

The day-to-day activities required for the running of a business for the purpose of producing value for the stakeholders.

Articles of Partnership

A document that formalizes an agreement between parties to enter into a business partnership, detailing the terms and conditions of the partnership.

Annual Salary

The total amount of money that an employee earns in one year.