Claudia Is a Licensed Individual Who Buys or Sells Investment

question 62

Multiple Choice

Claudia is a licensed individual who buys or sells investment for her clients. Which of the following is not correct?

• A) She is an account executive.
• B) She should not use her discretion without her client's approval.
• C) She should focus on churning for her clients.
• D) She should provide information and advice to be used in evaluating potential investments.
• E) She is known as a stockbroker.

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Definitions:

Centralized Design

An architecture or system design where a central unit or server performs the majority of processing tasks or decision-making.

Topology

The arrangement of various elements (nodes, links, etc.) in a computer network or the study of geometric properties and spatial relations unaffected by the continuous change of shape or size of figures.

Private Network

A network that restricts access to only selected users, often utilized within a single organization for security and privacy.

Select Group

A specific subset of individuals chosen based on particular criteria, often used in the context of targeted analyses or marketing.