Answer: Asset allocation
Explanation:
Asset allocation refers to the strategy of investing in different types of assets and investment vehicles so that the risks would be balanced by the rewards to be earned so that the investor will benefit.
Asset allocation is usually based on the investor's investment goals and their risk appetite. Those who are more risk tolerant will usually invest more in stocks so Siiri here is most likely risk averse but based on the percentage that went into stocks, they might be more risk neutral.
Answer:
$985,000
Explanation:
Given that,
Pretax book income = $1,000,000
Increase in net reserve for warranties = $25,000
Book depreciation = $100,000
Dividend received deduction = $15,000
Book equivalent of taxable income:
= Pretax book income - Dividend received deduction
= $1,000,000 - $15,000
= $985,000
Therefore, the Book equivalent of taxable income is $985,000.
Answer:
The correct answer is A
Explanation:
Direct cost is the cost or an expense which is directly tied to the production of the particular goods and services. It is usually variable costs, which means that the cost will fluctuate with the levels of the production like inventory.
Examples of direct costs are manufacturing supplies, direct labor, commissions, direct materials and piece rate wages.
So, the example of the direct costs for the service offered through accounting firm is the labor of the staff accountant who make the returns.
