Your firm must submit the transfer instruction to the carrying member through the ACATS <u>A) Immediately.</u>
<h3>What is the Automated Customer Account Transfer Service (ACATS)?</h3>
The Automated Customer Account Transfer Service (ACATS) is a standardized and automatic system sanctioned by the Financial Industry Regulatory Authority (FINRA) that transfers financial securities in customers' accounts from one brokerage firm or bank to another.
Under the FINRA's Uniform Practice Code, a customer may transfer some or all of their securities.
Thus, the FINRA's Uniform Practice Code requires that your firm <u>immediately</u> forwards the TIF to the next broker.
Learn more about Financial Industry Regulatory Authority (FINRA) at brainly.com/question/8777317
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<h3>Question Completion with Answer Options:</h3>
What does FINRA's Uniform Practice Code require?
A) Immediately.
B) within 1 business day.
C) within 3 business days.
D) within 2 business days.
Answer: equals sales revenue minus variable costs
Explanation: In simple words, contribution margin refers to the amount of revenue that an organisation is left with after paying for the variable expenses that are incurred for the generation of such revenue.
It is an important aspect of an organisation as it somehow depicts the ability of it to pay its fixed expenses like interests etc.
Answer:
$9,525
Explanation:
Given the above information, first we need to calculate ending inventory
Ending inventory
= Beginning inventory + Units produced - Units sold
= 0 + 4,700 - 3,950
= 750
Therefore, the value of the ending inventory under variable costing would be;
= Ending inventory × Variable cost per unit
= 750 units × 12.70 per unit
= $9,525
Answer:
When the organization prefers directness.
Explanation:
The direct strategy of delivering bad news means going straight to break the bad news to the receiver.
In as mush as bad news can be shocking and quite hated by all , yet some people understand that there is a chance of getting bad news in some situations .Such people have a prepared mind and are able to manage such news better.
It is always concise at delivery. However , when using a direct approach , it is advisable to find a way to explain the incidence and end it in a positive way.
Answer:
<u><em>By means of a budget he prepared.</em></u>
Explanation:
According to the information available, Shing-fong has a carefully thought out strategy. Here's some of what he does;
- he keeps tracks of his finances by means of a budget plan.
- he views all his transactions also checking his debit or credit cards to keep track of how much he spends
- Shing-Fong avoids eating out as much as he used to and preparing cheaper food at home.
- he also avoids unnecessarily spending with friends whenever he is invited.