Hard Dollar Compensation

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

Brokerage firms earn money in which ways?

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1. Hard dollars are

2. Why are hard dollars an important concept?

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About This Quiz & Worksheet

Hard dollar compensation is the subject of these study tools. Answer quiz questions on topics that range from brokerage firms to the concept of hard dollars.

Quiz & Worksheet Goals

Learn what you know about the following:

  • Definition of hard dollars
  • Why they are necessary
  • Truths about their characteristics

Skills Practiced

  • Reading comprehension - ensure that you draw the most important information from the related lesson on hard dollar compensation
  • Information recall - access the knowledge you've gained regarding the purpose of hard dollars
  • Knowledge application - use your knowledge to answer questions about brokerage firms and how they use hard dollars

Additional Learning

For more on this area of study that deals with finance and investment, review the lesson entitled Hard Dollar Compensation. Topics in the lesson are listed as follows:

  • The relationship of an investor to his/her broker
  • Something for which investors might want to save
  • Services that are provided with a brokerage firm
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