54) Which of the following is an electronic marketplace for buying and selling global stocks and securities? A) New York Stock Exchange B) Over-the-counter market C) NASDAQ D) Tokyo foreign securities exchange E) London foreign securities exchange

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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54) Which of the following is an electronic marketplace for buying and selling global stocks and
securities?
A) New York Stock Exchange
B) Over-the-counter market
C) NASDAQ
D) Tokyo foreign securities exchange
E) London foreign securities exchange
55) Jennifer Fritz is thinking about purchasing the stock of the Sunshine Corporation at the
current market price. What type of order should she place?
A) Market order
B) Limit order
C) Stop order
D) Discretionary order
E) Common order
56) Ashley Riley wants to buy the stock of XYZ Company at a specified price or better. What
type of order should she place?
A) Market order
B) Limit order
C) Stop order
D) Discretionary order
E) Common order
57) Carol Fisher wants to sell the stock of Hathaway International at the next available price after
the market price reaches $50 per share. What type of order should she place?
A) Market order
B) Limit order
C) Stop order
D) Discretionary order
E) Common order
58) A long-term technique used by investors who purchase an equal dollar amount of the same
stock at equal intervals in time is called:
A) dollar cost averaging.
B) dividend reinvestment plan.
C) buy and hold technique.
D) regulated transaction.
E) secured transaction.
Transcribed Image Text:54) Which of the following is an electronic marketplace for buying and selling global stocks and securities? A) New York Stock Exchange B) Over-the-counter market C) NASDAQ D) Tokyo foreign securities exchange E) London foreign securities exchange 55) Jennifer Fritz is thinking about purchasing the stock of the Sunshine Corporation at the current market price. What type of order should she place? A) Market order B) Limit order C) Stop order D) Discretionary order E) Common order 56) Ashley Riley wants to buy the stock of XYZ Company at a specified price or better. What type of order should she place? A) Market order B) Limit order C) Stop order D) Discretionary order E) Common order 57) Carol Fisher wants to sell the stock of Hathaway International at the next available price after the market price reaches $50 per share. What type of order should she place? A) Market order B) Limit order C) Stop order D) Discretionary order E) Common order 58) A long-term technique used by investors who purchase an equal dollar amount of the same stock at equal intervals in time is called: A) dollar cost averaging. B) dividend reinvestment plan. C) buy and hold technique. D) regulated transaction. E) secured transaction.
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