For Government Securities Listed on the ASX,there Is a Higher

question 96

Multiple Choice

For government securities listed on the ASX,there is a higher volume of off-exchange trades compared with on-exchange transactions because:

• A) of difficulties in payment.
• B) greater profits may be made.
• C) of brokers that can act as an agent between two parties.
• D) of the high fees involved.

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Definitions:

Flexible Budget

A budget that adjusts or flexes with changes in volume or activity, allowing for more accurate budgeting.

Activity Index

A measure or indicator used to assess the level or intensity of activity within a certain area or field.

Variable Costs

Expenses that change in proportion to the activity of a business, such as production volume or sales.

Market Value

The current price at which an asset or service can be bought or sold in a marketplace.