Broker-Dealers Must Calculate a Market Value for Their Net Worth

question 131

Multiple Choice

Broker-dealers must calculate a market value for their net worth on a day-to-day basis and ensure that their net worth-assets ratio

• A)exceeds 1 percent.
• B)is at least 2 percent.
• C)exceeds 5 percent.
• D)is less than 1 percent.
• E)is greater than or equal to 1 percent.

---

Definitions:

Retroactive Interference

A phenomenon where newly acquired information interferes with the retention of previously learned information.

Blocking

A phenomenon in learning where an established cue for a particular response prevents the acquisition of the same response to a new cue.

Absentmindedness

A state of forgetfulness or being easily distracted, often resulting from inattention or lack of focus.

Tip-of-the-tongue Phenomenon

A temporary inability to retrieve a word from memory, coupled with partial recall and the feeling that retrieval is imminent.