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yulyashka [42]
3 years ago
10

You are a CFP® designee who has been approached by the general partner of Beverage King Industries (BKI) to provide financial pl

anning services to the top executives at BKI. Your brother has a ten percent limited partnership interest in BKI. Can you accept this engagement?
A. No, because your integrity is impaired.
B. No, because your objectivity is impaired.
C. Yes, but only after proper disclosure.
D. Yes, because your integrity and objectivity are not impaired; no disclosure is needed.
Business
1 answer:
Cloud [144]3 years ago
3 0

Answer:

C.

Explanation:

Yes, but only after proper disclosure.

CFP Board designee are individuals who meet and currently holding certifications of CFR Board. Beverages king Industries (BKI) otherwise refers to a client of CFP designee.

For me to accept to provide financial planning services to the top executives at BKI. There must be proper disclosure of my brother's investment at BKI as this is professional service.

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Bob Shockey borrowed $25,000 from his $250,000 cash value life insurance policy to send his daughter to private college. Assumin
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Answer:

e. $225,000.

Explanation:

Since Bob Shockey pays interest as in accrues, the amount the  beneficiary will receive if he dies before the debt is repaid will be the cash value of his life insurance policy minus amount borrowed to send his daughter to private college. This can be calculated as follows:

Amount to receive by beneficiary = $250,000 - $25,000 = $225,000

Therefore, his beneficiary will receive $225,000.

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3 years ago
A _________ is generally considered an appreciating asset because it may _________ in value over time.
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A house is generally considered an appreciating asset because it may increase in value over time. Appreciation is an increase in the value of an asset over time. The increase of the value of the house may occur for a number of reasons, including increased demand or weakening supply, or as a result of changes in inflation or interest rates. One example would be: the neighborhood became very famous, so the value of the houses there will increase, because the demand will increase.

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The gini ratio for lifetime income is _______ the gini ratio for annual income.
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3 years ago
If the Dow Jones Industrial Average is 3.2% down that means that: Question 10 options: The stocks of all the companies in Dow Jo
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