Which one of the following is a true statement?
A) When choosing a stock advisory service that charges fees for their investment advice, the quality of the information is always excellent.
B) Mergent's Investors Service only provides information about bonds.
C) Value Line provides information about bonds and mutual funds, but not common stocks.
D) The information provided by investors' services consists of simple alphabetical listings only.
E) Online computer services may be used to research companies and to obtain current stock prices.

Question

Quizplus · Accepted Answer

This statement is the only one that is completely true. The other options contain false information, such as A implying that all fee-based investment advice is excellent, B indicating that Mergent's only provides bond information (they actually provide information on stocks as well), and C stating that Value Line does not provide information on common stocks (they do). Option D is also incorrect, as investors' services provide more detailed information than just alphabetical listings. Option E is the only statement that is entirely accurate, as online computer services are commonly used for stock research and obtaining up-to-date stock prices.

Which One of the Following Is a True Statement