Which of the Following Statements Is NOT True

question 86

Multiple Choice

Which of the following statements is NOT true?

• A)Odd lots consist of the purchase or sale of fewer than 100 shares of stock.
• B)The commission rates on odd lots are often less expensive on a per share basis than for round lots.
• C)Most trades on the NYSE are done via round lots.
• D)When stock prices begin to rise above the preferred trading range,the cost of a round lot may move out of the range of many small retail traders.

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Definitions:

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CMS-1500

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Centers for Medicare and Medicaid Services

A federal agency within the United States Department of Health and Human Services responsible for administering the nation's major healthcare programs, Medicare and Medicaid.

Initial Preventive Physical Exam

An introductory health assessment typically provided by Medicare, designed to establish a preventive health care plan for new beneficiaries.