Question

Match each cost with the investment type to which it relates.

a) Commissions - Stocks and Bonds
b) Hourly fees - Mutual Funds
c) Investment advisory fees - Administrative costs
d) Administrative costs - Mutual Funds

Answer 1

The correct match of each cost with the investment type is: Commissions - Stocks and Bonds, Hourly fees - Mutual Funds, Investment advisory fees - Administrative costs, Administrative costs - Mutual Funds.

Step-by-step explanation:

The correct match of each cost with the investment type is:

1. Commissions - Stocks and Bonds
2. Hourly fees - Mutual Funds
3. Investment advisory fees - Administrative costs
4. Administrative costs - Mutual Funds

Commissions are fees charged for buying or selling stocks and bonds. Hourly fees are charged by financial advisors who manage mutual funds. Investment advisory fees are part of the administrative costs associated with investing in stocks, bonds, or mutual funds. Administrative costs cover various expenses related to operating a mutual fund.