Which One of the Following Statements Concerning NASDAQ Is FALSE

question 23

Multiple Choice

Which one of the following statements concerning NASDAQ is FALSE?

• A)It is easier to be listed on NASDAQ than on the NYSE.
• B)NASDAQ is an electronic market.
• C)NASDAQ is a dealer market.
• D)NASDAQ is an OTC market.
• E)NASDAQ is an auction market.

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Definitions:

Income Statement

A financial statement that shows a company's revenues and expenses over a specific period, culminating in the net income or loss for the period.

Fixed Assets

Long-term tangible assets used in operations, such as buildings and machinery, not expected to be converted to cash within a year.

Consolidated Balance Sheet

A financial statement that aggregates the assets, liabilities, and equity of a parent company and its subsidiaries.

Subsidiary Company

A company that is controlled by another company, often referred to as the parent company, through ownership of more than half of its voting stock.