Which of the following is NOT a factor to consider when researching potential brokers to help trade securities in a portfolio?
A) the fees for executing a trade
B) the portfolio performance guarantee
C) the minimum account balance requirements
D) the speed at which trades are executed
E) the available research data and tools
Answer: B
Explanation: B) Brokers act to serve their clients' interests, but a broker cannot guarantee a certain level of performance for a portfolio.
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B & L Company has a credit balance of $44,000 in its Allowance to Adjust Long-Term Investments to Market account at the end of 20xx, before adjustment. Its investment portfolio has a total cost of $300,000 and a market value of $264,000 at December 31, 20xx, a balance sheet date. The year-end adjustment entry that would be recorded in the books of B&L Company is:
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Indicate whether the statement is true or false
On October 1, Vista View Company rented warehouse space to a tenant for $2,500 per month. The tenant paid five months' rent in advance on that date, with the lease beginning immediately. The cash receipt was credited to the Unearned Rent account. The company's annual accounting period ends on December 31. The adjusting entry needed on December 31 is:
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The maximum number of Class A network addresses is __________
A. 16 B. 126 C. 128 D. 256