In the context of choosing a broker, which of the following statements is true of robo advisors?

A. They need to be manually operated for individual transactions.
B. They charge a higher annual fee than traditional advisors.
C. They help people automatically set and track their financial goals.
D. They typically charge 1% to 2% of assets.


Answer: C

Business

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Warranties payable and Notes payable are considered which of the following

a. Accounting Liabilities b. Assets c. Stockholders' Equity d. Other Financial Assets

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What pitfalls listed below are not necessarily from a lack of self-awareness?

a. Believing that your perspective is held by everyone b. Misconstruing cues and concerns as feedback rather than resistance c. Lacking nuanced understanding of why others may disagree or have concerns d. Running out of resources to adequately invest in the change project

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A convertible preferred stock can be exchanged for a certain number of shares of common stock at the _____.

A. par value B. conversion price C. discount rate D. capital gain rate E. premium price

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What is the term that is similar to taxonomy except that crowdsourcing determines the tag or keyword-based classification system?

A. Podcasting B. Social bookmarking C. Folksonomy D. Network effects

Business