The costs of revising a portfolio include all of the following except
A) direct dollar costs.
B) SEC trading limitations.
C) managerial time.
D) image problems.

Question

Quizplus · Accepted Answer

SEC trading limitations are not considered a direct cost of revising a portfolio. Costs typically include direct dollar costs (such as transaction fees), managerial time spent on portfolio revision, and potential image problems that may arise from changes in investment strategy, but not regulatory trading limitations set by the SEC.

The Costs of Revising a Portfolio Include All of the Following