Which of the following is NOT a component of money laundering?
a. taking the proceeds from a criminal act
b. attempting to conceal the source of the money
c. using the money to commit crimes
d. investing profits back into the company
d
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A principal is liable only for acts the agent is authorized to perform
Indicate whether the statement is true or false
The standard deviation of a portfolio of risky securities is
A. the square root of the weighted sum of the securities' variances. B. the square root of the sum of the securities' variances. C. the square root of the weighted sum of the securities' variances and covariances. D. the square root of the sum of the securities' covariances.
Sarah has a brokerage account with Jeff, who is a money manager with Downtown Brokers. Sarah pays an all-inclusive annual fee to the firm and Jeff manages her funds. She pays no trading costs or commissions. Which one of the following best describes this type of account?
A. mutual B. advisory C. wrap D. margin E. cash
At Truman Middle School, 2/3 of the girls surveyed preferred playing capture the flag at gym. If 600 girls responded to the survey, how many preferred playing something else?
What will be an ideal response?