A brokerage account that lets you borrow is known as a
A)
margin account.
B)
cash account.
C)
trading account.
D)
options account.
A
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Shipping orders are forwarded from the revenue process to:
A. the materials requisitions department. B. inventory management. C. raw materials stores. D. finished goods stores.
Under the fair value method, if an executive does not exercise a stock option and it is allowed to lapse, the account - Paid-in Capital Share Options - is debited. What account is credited?
A) Additional Paid-In Capital from Expired Share Options B) Compensation Expense C) Gain from Expired Share Options D) Deferred Compensation
Which of the following statements is TRUE of the capital expenditures budget?
A) It is a part of the financial budget. B) It must be completed after the budgeted income statement is prepared. C) It includes the sales budget. D) It must be completed before the cash budget is prepared.
After the presentation, the next step in the selling process is:
A. handling objections. B. meeting objections. C. the trial close. D. the approach. E. the follow-up.