Answer:
Option D
Explanation:
A single premium immediate annuity relates to the insurance company arrangement whereby one really pay them a large sum of money right up front (widely referred to as a premium price) and so on. The company promise to regularly (monthly, for example) give you a specific amount of benefits for the remaining of one's lifetime.
Income payments both for instant annuities are made on the basis of non-taxed main yields and earnings payouts that are taxed at levels of income tax instead of levels of capital gain.
This is an example of Churning.
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What is Churning?</u></h3>
- Churning, or excessive trading of assets in a client's account by a broker to generate commissions, is an unlawful and unethical practice.
- Churning cannot be quantified, it may be demonstrated by the repeated purchasing and selling of stocks or other assets that fall short of the client's investing goals.
- Churning is the practice of exchanging assets excessively in a client's brokerage account in an effort to earn commissions.
Learn more about churning with the help of the given link:
brainly.com/question/10845172?referrer=searchResults
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Answer:
B. Comparison of recorded amounts of major disbursements with appropriate invoices.
Answer:
yes is very predominant
Explanation:
because you can find out that you have done mistakes and submit incorrect work,, is very important to check more than twice to make sure you didn't do anything wrong
Answer:
a. Firm M probably has a higher dividend payout ratio than Firm N.
Explanation:
The dividend payout ratio is commonly referred to a portion of the net income of the company which is paid to the various shareholders in dividends. Therefore, if we consider the statements made in the question, Firm M has a higher annual net income while the annual net income of Firm N is fluctuating, we can conclude that the dividend payout ratio of Firm M is more than that of Firm N.
