Which of the Following Is Not a Type of Decision

question 4

Multiple Choice

Which of the following is not a type of decision to manage your liquidity?

• A)Deciding how much money to keep in savings
• B)Choosing between credit cards
• C)Determining how much money to save versus how much to spend
• D)Building and maintaining a monthly/yearly budget with allocations to expenses and investments

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Definitions:

Net Proceeds

The total amount of money received from a sale or transaction, after all expenses and costs have been subtracted.

2% Commission

A fee paid to a salesperson, broker, or agent, equivalent to 2% of the sales amount or transaction value.

Closing Price

The final price at which a security is traded on a given trading day, representing the most up-to-date valuation of the security until trading resumes.

Trading Day

Refers to a day on which the stock exchanges are open for trading.