Tangible costs include which of the following?

Which one of the following can be considered a pitfall for investors new to on-line trading?

A) On-line trading is fast and efficient. B) On-line investors tend to trade too frequently. C) On-line trading is available to the average investor. D) On-line investors pay lower costs per trade than investors using a broker.

Which of the following methods of capital asset valuation is not considered an acceptable alternative under generally accepted accounting principles for a donated capital asset?

A. Original cost B. Estimate cost C. Fair market value D. Book value to donor.