Question

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

A. Commissions - Mutual Funds
B. Hourly Fees - Stocks and Bonds
C. Investment Advisory Fees - Stocks and Bonds
D. Administrative Costs - Mutual Funds

Answer 1

Commissions relate to Mutual Funds, Hourly Fees relate to Stocks and Bonds, Investment Advisory Fees relate to Stocks and Bonds, and Administrative Costs relate to Mutual Funds.

Step-by-step explanation:

Commissions are costs associated with buying or selling investments, such as mutual funds. Therefore, Commissions relate to Mutual Funds. Hourly fees are charges for financial advice or services provided by professionals, and they are typically associated with investing in individual stocks and bonds. So, Hourly Fees relate to Stocks and Bonds. Investment advisory fees are fees paid to advisors who provide guidance on investing and managing a portfolio. These fees are commonly associated with investing in stocks and bonds. Hence, Investment Advisory Fees relate to Stocks and Bonds. Administrative costs cover the expenses of managing a mutual fund, such as record-keeping and legal expenses. Therefore, Administrative Costs relate to Mutual Funds.