Answer:
C. by allowing corporations to raise funds by selling new issues and by creating a market in which owners may easily turn an investment into cash through its sale
Explanation:
Naturally, a security market is seen to permit you do more with your actual savings within your saving periods. It is seen to aid over the counter trading which is seen to occur directly between the trader and the broker. In certain cases that can be termed marketable securities, it is seen to occur due to the maturities are seen to tend to be less than one year; and at such, the buyer/broker rates at which they can be bought or sold have little effect on prices.
The Correct question reads;
Which of the following statements about bank reconciliations is correct?
a. Should not be prepared by an employee who handles cash transactions
b. Is part of a sound internal control system
c. Is a formal financial statement
d. Both (a) and (b) are correct
Answer:
<u>a. Should not be prepared by an employee who handles cash transactions</u>
<u>Explanation:</u>
It is only a bank that prepares a bank reconciliation statement. So, it is correct to say that a bank reconciliation statement should not be prepared by an employee who handles cash transactions.
Answer:
The correct answer to the following question will be Option D.
Explanation:
- The theory or hypothesis that even as soon as it arrives, all institutional investors obtain as well as act on most of the necessary information or data. Even if this was purely real, there would have been no stronger investing strategy than just a coin flip.
- As per this principle, the dynamically trading share prices in such a competitive market don't vary from actual measured value or beliefs.
The other choices have no relation to the given circumstance. So choice D is the correct answer to the above.
Answer:
A. because it can impact an individual
Explanation:
Answer:
a. True
Explanation:
An accounting framework represents a set of criteria that is used to measure, interpret, and disclose the information that appears in an organization's financial statements.
The law of several nations mandates the Management of a company to prepare and present their financial statements in accordance with the laws of the nation. Since the law mandates this, it makes it a legal requirement.