The Most Common Type of Order Is Called a ______

question 198

Multiple Choice

The most common type of order is called a ______. It instructs the broker to obtain the best possible price-the highest price when selling and the lowest price when buying.

• A) fast order
• B) stock order
• C) limit order
• D) market order

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Definitions:

Field Device

Equipment used to detect or affect changes in the physical environment, such as sensors or actuators, integrated into a control system's framework.

Input Module Fault

Indicates a malfunction or issue within an input module, potentially affecting the reading of inputs from connected devices.

PLC Program

The set of instructions and logic developed and inputted into a Programmable Logic Controller to control a specific operation or process.