Question

Which information is required to be on an order ticket prior to entry of the order? I Customer name or account number II Customer address III Customer social security number IV Registered representative name or number A. I and IV B. II and III C. I, II, III D. I, II, III, IV

Answer 1

An order ticket should contain the customer's name or account number and the registered representative name or number. These details are essential for coordinating, tracking, and keeping records of transactions. Therefore, the correct option is A.

Step-by-step explanation:

An order ticket is a record of a transaction that includes essential details required for compliance and record-keeping. Whenever a trade is to be made, an order ticket needs to carry some very significant information. In the context of the options provided, the correct one is 'I and IV'. It means that an order ticket must contain the customer's name or account number and the registered representative name or number. The customer name or account number helps in identifying and matching the customer's order, and the registered representative name or number allows for accountability and tracking of who entered the order.

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