Schwab Journal Quiz, Master Level Difficulty. Good luck soldiers

What is a Journal and it's transaction codes?

• TOA between only brokerage accounts (JBL JRNL)

• TOA between only Schwab bank accounts (JNL JRNL)

• TOA between Schwab brokerage accounts, bank accounts, or brokerage and bank accounts (JBL JRNL)

• TOA between Schwab brokerage accounts, bank accounts, or brokerage and bank accounts (JNL JRNL)

Cutoff time between Schwab brokerage and Schwab bank accounts

• 7pm

• 8pm

• 9pm

• It doesn't matter, as long as Chuck Schwab approves it.

Cutoff time between Schwab brokerage accounts

• 7 pm

• 8 pm

• 9 pm

• Anytime

If John filled out a Journal between his 2 Schwab bank accounts at 8:30 pm, it would get processed on the same day.

• True

• False

How are requests via LOA processed?

• Whatever is specified in the LOA

• According to Move Money's processing time

• The same day

• T+2

There are always fees for a Journal

• True

• False

Transfer to bank accounts are unavailable in Client Central and require...

• alternate processing

• a different transfer method

• client central to be updated

• a daily journal entry for your own self care

Not a frequency for Journal transfer request

• One time

• Recurring

• On-Requests (SLOA) on file

• Quarterly

On a scale of 1-10, how much did you learn from Dr. Chapman's presentation?

• Nothing (0)

• I lost knowledge (-14)

• Mid (5)

• Literally the best presentation I have ever witnessed. Give me more now. (10)