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kvasek [131]
9 months ago
7

Which one of the following is NOT a fiduciary duty required of an agent? Disclosure Care Confidentiality Accounting Obedience Co

ntrition Loyalty
Business
1 answer:
-Dominant- [34]9 months ago
5 0

A limited power of attorney fiduciary duty required of an agent Disclosure Care Confidentiality Accounting Obedience Contrition Loyalty.

A fiduciary relationship is a role of belief, and the agent owes the principal the obligation of obedience, loyalty, disclosure, confidentiality, accounting, and reasonable care (old automobile).

Fiduciary duty is defined by means of Black's regulation Dictionary as “an obligation of extreme precise religion, belief, confidence, and candor owed by using a fiduciary (which includes an attorney or corporate officer) to the beneficiary (which includes a lawyer's purchaser or a shareholder); a responsibility to act with the highest degree of honesty and loyalty towards any other .

fiduciary obligation to someone else, the person with the duty must act in a way in order to gain someone else, usually financially. the individual that has a fiduciary duty is known as the fiduciary, and the individual to whom the responsibility is owed is referred to as the predominant or the beneficiary.

Learn more about fiduciary  here:brainly.com/question/17080270

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Julie has just retired. Her company’s retirement program has two options as to how retirement benefits can be received. Under th
djverab [1.8K]

Answer:

Please see attachment.

Explanation:

Please see attachment.

7 0
2 years ago
Suppose the rate of return on a 10-year T-bond is 5.00% and that on a 10-year Treasury Inflation Protected Security (TIP) is 2.1
yaroslaw [1]

Answer:

2.06%

Explanation:

in order to determine the real risk free rate of return we can use the following formula:

real risk free rate = [(1 + T-bond yield - T-bond maturity risk premium) / (1 + inflation rate)] -1

real risk free rate = [(1 + 5% - 0.9%) / (1 + 2%)] -1 = (1.041 / 1.02) - 1 = 1.0206 - 1 = 0.0206 = 2.06%

5 0
2 years ago
When a business firm implements several programs to encourage prompt and courteous customer service, employee participation, and
vladimir1956 [14]

Answer:

B) total quality management.

Explanation:

Total quality management is a method of management that focuses on every member of staff being committed to maintaining a high of work in every aspect of the business operations.

There is continuous improvement in the ability of the employees to provide quality service and performance.

In the given scenario - When a business firm implements several programs to encourage prompt and courteous customer service, employee participation, and better coordination with suppliers.

This is an effort to institute total quality management

4 0
2 years ago
The bank statement ending balance is $45 lower than the general ledger bank balance. On the bank statement, there is a line item
Delicious77 [7]

Answer:

The adjustment should be recorded in the general ledger as : 1. Debit Bank fee expense$45 and Credit bank account $45

Explanation:

The Cash Book Bank Balance and Balance on the Bank Statement sometimes do not balance because of Unrecorded Items

The bank charges and fees of $45 represent an item recorded in by the Bank in the Bank Statement but not recorded in the Cash Book.

Thus the adjustment for this is to <em>decrease</em> the Cash Book - Bank Balance and <em>recognise </em>an expense in the Income statement related to these Bank Charges.

3 0
2 years ago
Read 2 more answers
Are budgets part of the performance measurement system or the performance reward system? a. Part of neither the performance meas
Helga [31]

Answer:

b. Part of both the performance measurement system and the performance reward system

Explanation:

Both are linked according to the objectives and golas.

Performance measure is a quantifiable expression of the amount, cost, or  result of activities that indicate how much, how well, and at what level, products or services are  provided to customers during a given time period.

Performance and reward strategies are driven by the concept that employees are not inherently born with the desire to come to work and put in their maximum effort every day for no reason at all. ... An effective performance and reward strategy aligns with organizational goals and objectives

7 0
2 years ago
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