A(n)________ account represents the money or investments you have at a brokerage firm.

Question

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A brokerage account is a type of account that represents the money or investments you have at a brokerage firm. It allows you to buy and sell securities, such as stocks, bonds, and mutual funds, and it may also include other investment options such as options, futures, and foreign currencies. A discretionary account (A) is one in which an investment advisor has the authority to make investment decisions for you, while a stock purchasing account (C) and an indemnity account (D) are not types of accounts used at brokerage firms.

A(n)________ Account Represents the Money or Investments You Have at a Brokerage