________ Sets a Price Ceiling When Buying;if the Order Cannot

question 93

Multiple Choice

________ sets a price ceiling when buying;if the order cannot be executed when it is placed,the order is left with the exchange's market maker.It may be filled later if the price limits are met.

• A)Limit order
• B)Market order
• C)Secured order
• D)Fast order

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Definitions:

Transmitting PLC

Refers to a Programmable Logic Controller that sends data or signals to other devices or systems.

Digital Data

Information encoded in a binary format, consisting of 1s and 0s, used for storage and communication in digital devices.

Industrial Robot Arm

A robotic manipulator often used in manufacturing, capable of moving materials, parts, tools, or specialized devices through programmed motions for performing various tasks.

Closed-Loop

A system control method where the output influences the input through feedback to maintain a desired system behavior.