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Liono4ka [1.6K]
3 years ago
9

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:
qwelly [4]3 years ago
8 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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And D. This is something specific you cannot just pay attention to not just expenses but what you earn, what budget and etc. 

Altogether leaving  A because, you are gathering information and does not tell you what type but, financial which means 'all' activities of Financing  and Planning will help with Revenue to protect it and, to get it to the point in which you want it to get to a goal or past a goal and etc. 


4 0
3 years ago
When several hurricanes hit Florida in 2004, a number of local governments imposed price controls that prevented sellers from ra
liberstina [14]

Answer:

a reduced availability of these badly needed products.

Explanation:

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In this case if ocal governments imposed price controls that prevented sellers from raising their prices for badly needed products like plywood and generators. It will result in reduced availability of the products to these areas.

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3 0
4 years ago
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You are in talks to settle a potential lawsuit. The defendant has offered to make annual payments of $28,000, $32,000, $66,000,
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Answer:

$202,137.90  

Explanation:

Year Annual payment Discount factor  Present value  

1 $28,000          0.965250965 $27,027.03  

2 $32,000          0.931709426         $29,814.70  

3 $66,000          0.899333423         $59,356.01  

4 $99,000          0.868082454 $85,940.16

Total present value                                         $202,137.90  

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= 1 ÷ (1 + interest rate)^years  

where,  

rate is 3.6%  

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6 0
3 years ago
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balandron [24]

Answer:

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6 0
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