1. Question: What would be the objective of a conservative trader's portfolio?

    A
    Short selling stocks

    B
    Long term returns over time

    C
    Risky trading

    D
    Short term returns

    Note: Answer not sure
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  2. Question: Which of the following would be a good example of risk mitigation?

    A
    Purchasing only small cap stocks

    B
    Purchasing stock options in three industries

    C
    Purchasing stock options all in one industry

    D
    Purchasing only options on blue chip stocks

    Note: Answer not sure
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  3. Question: What should an options investor do if a call option they own is out of the money and nearing expiration?

    A
    Sell the option

    B
    Buy offsetting put option

    C
    Buy more of the option

    D
    Depends on their tolerance level for risk and their strategy

    Note: Answer not sure
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  4. Question: What would an investor who is employing the straddle technique hope to happen?

    A
    That the price will move in a tight range, not varying much

    B
    That they can sell the underlying stock for more than the option makes

    C
    That the option will expire without selling

    D
    That the price will move drastically in one direction, up or down

    Note: Answer not sure
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  5. Question: Which of the following is a common strategy used after an options trader has had a few successful transactions?

    A
    They start trading on margin.

    B
    They withdraw their original capital and use only profits to trade with.

    C
    They write naked call options.

    D
    They short sell stocks with substantial risk.

    Note: Answer not sure
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  6. Question: How would an options investor diversify their portfolio?

    A
    By holding both call and put options

    B
    By holding options with varying expiration dates

    C
    By selling and buying options

    D
    All of these

    Note: Answer not sure
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  7. Question: A company must send W2 forms every year to its employees by _____________.

    A
    January 31

    B
    February 28

    C
    June 30

    D
    September 30

    Note: Not available
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  8. Question: The term "guaranteed wage" refers to ______________.

    A
    regular per-hour wages

    B
    overtime pay beyond 60 hours per week

    C
    a payroll deduction

    D
    an agreement to pay an employee a set amount, regardless of hours worked

    Note: Answer not sure
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  9. Question: The term "escheat law" refers to ____________.

    A
    a law that states employees must be paid twice per month

    B
    a law that requires employers to hold un-cashed payroll checks for a certain amount of time

    C
    A law that states employees cannot be over the age of 65

    D
    A law that states employees can be given raises only once per year

    Note: Answer not sure
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  10. Question: Which of the following journal entries would be made to void a payroll check printed in error?

    A
    Dr: Salary Payable, Cr: Salary Expense

    B
    Dr: Salary Expense, Cr: Cash

    C
    Dr: Cash, Cr: Salary Payable

    D
    Dr: Cash, Cr: Salary Expense

    Note: Answer not sure
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