X Your answer is incorrect. Which of the following is a cost associated with hiring professionals to manage your mutual fund? Commissions on the purchase. Commissions on the sale. Additional fees paid as compensation for managing the fund's assets. All of these answer choices are correct. * Your answer is incorrect. Which of the following refers to the possible inability to sell your asset quickly and receive cash in a timely manner? Marketability risk. Financial risk. Liquidity risk. Investment risk. X Your answer is incorrect. Which of the following should you inquire about to find the right advisor? The advisor's credentials. The advisor's organizational memberships. The advisor's minimum asset requirements. All of these answer choices are correct. X Your answer is incorrect. Which of the following includes the possibility of gains and losses? O Market risk. Pure risk. O Financial risk. Liquidity risk. Systematic risk is best defined as: The risk that always remains in a portfolio. Portfolio risk. O Total risk. O Diversifiable risk. Full-service brokerage accounts are for investors as compared to self-directed brokerage accounts. More expensive. Less expensive. Less risky O About equally as expensive