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An Asset Management Account Does All of the Following Except

Question 19

Multiple Choice

An asset management account does all of the following except


A) combines deposit accounts with a brokerage account that is used to buy or sell stocks.
B) provides a single consolidated statement showing the ending balance and activity of all accounts.
C) requires a small initial investment to start.
D) sweeps any unused balance in the checking account into a money market account at the end of the day.

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