Stock Brokers Typically Do Not Sell No-Load Funds Because

question 51

Multiple Choice

Stock brokers typically do not sell no-load funds because

• A)the return is lower than load funds and they want to sell only the best funds to keep their clients.
• B)they are prohibited by federal law.
• C)the load is usually paid to the broker for selling the shares,therefore,no load,no fee.
• D)there is no secondary market for them.

Calculate and interpret the carrying amount of installment notes over different periods.

Recognize the characteristics and accounting treatments of different types of liabilities, including remote and probable contingencies.

Understand the significance and calculation methods of working capital, current ratio, and quick assets.

Understand and apply the concept of working capital, quick ratio, and current ratio.

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Definitions:

Insecure

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Behaviorism

A branch of psychology that focuses on observable behaviors rather than on internal processes such as thoughts and feelings.

Cognitive Mechanisms

Mental processes that enable understanding, analysis, decision-making, and learning, influencing how individuals perceive and interact with the world.

Free Will

The concept that humans have the ability to make choices that are not predetermined by past events or natural laws.