Which of the Following Buys and Sells Securities (Stocks and Bonds)

question 83

Multiple Choice

Which of the following buys and sells securities (stocks and bonds) for its clients and gives them related advice?

• A) finance company
• B) consulting company
• C) brokerage company
• D) investment company

---

Definitions:

Income Statement

A record detailing a firm's income, costs, and gains during a particular timeframe.

Depreciation Expense

The allocation of the cost of a tangible asset over its useful life, reflecting the asset's wear and tear, decay, or decline in value.

Accumulated Depreciation

The total amount of depreciation expense that has been recorded against a fixed asset since it was acquired and put into use.

Income Statement

A financial statement that shows a company's revenues, expenses, and profits over a specific period.