9 months is ur answer, tell me if its right or wrong
Answer:
No, registration does not mean that the Investment Adviser is qualified to provide investment advice to clients.
Explanation:
Investment adviser are licensed professionals who are saddled with the responsibility of providing financial guidance or expert advice around investments, tax planning etc for customers in a financial institution.
A representative of a Federal Covered adviser is only required to register with the state in which he or she is operating.
However, for the investment adviser, they're expected or required by law to register with the Securities and Exchange Commission (SEC) since they're having no office in the state.
Hence, No, registration does not mean that the Investment Adviser is qualified to provide investment advice to clients according to the Uniform Securities Act.
The Uniform Securities Act ( USA ) is a model statute or legal framework designed to guide each state of the United States of America in drafting and balancing both state and federal regulatory securities law. It is used in the United States of America to prosecute all fraud relating to buying and selling of securities.
Answer:
measurable
Explanation:
Market segmentation is important because it allows companies to reach their customers in a more specific way depending on their needs. Market segmentation divides large markets into smaller markets that share similar characteristics, but in order for that division to be made, the market's size and purchasing power must be measurable.
For example, the needs of X% of rich families living in the suburbs will be very different from those of Y% of young single low income workers living on apartments downtown.
Answer:
Journal entries
Explanation:
The journal entries are shown below:
a. Loss $1,140,000
To Contingent liability $1,140,000
(Being the contingent liability is recorded)
b. Loss $940,000
To Contingent liability $940,000
(Being the contingent liability is recorded)
c. No journal entry is required
d. No journal entry is required
Therefore, only first two journal entries are required
