A broker statement is an example of an ___ record

Question

Gustavo Parsons

Computers & Technology

3 December, 15:37

A broker statement is an example of an ___ record

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Answers (2)

Know the Answer?

Jocelyn · Answer 1

Answer: investment

Bentley Snow · Answer 2

A broker statement is an example of an investment record.

Explanation:

It's a "snapshot" generated on a monthly basis pertaining to "brokerage account activity". Though we have monthly statement online, it might look repeating information to have one another broker statement but it represent official record.

Statement can either be sent to the customer via e-mail or he / she can receive it by paper statement getting couriered to their address. The component of the statement might include the following:

Account Summary: Information pertaining to total balance, deposits and withdrawals etc.

Account detail: Information in a categorized manner and in an chronological order.

Money market fund detail: A feature to link brokerage account to money market fund. This possesses details of the money which are not invested.