Under the <u>Uniform Securities Act</u>, the threshold where a State-registered adviser is considered to have taken custody of client funds if it charges prepaid advisory fees, is: <u>$500, 6 months or more in advance of rendering services.</u>
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If an advisor either physically possesses or has the legal right to take possession of money or securities belonging to its clients, then it has custody. The term "custody" has been expanded by the rule's revisions to cover situations in which an adviser's related person holds custody of client assets in conjunction with the adviser's advisory services. If an investment adviser's connected broker-dealer holds client assets as a qualified custodian in conjunction with advising services, the investment adviser would be deemed to have custody of those assets.
Consultants may be considered to have taken ownership of customer funds as defined by NASAA when a nationally registered investment manager acknowledges $500 (or more) in advanced consulting fees, 6 months prior to the anticipation of performing services. While the Advisers (Investment) Act of 1940 did not apply to government-registered advisors, it is worth noting that it may have set the maximum at $1,200 among Federal Covered advisors.
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When you start to build a new product, you should first design for a single platform that best meets your end user's needs.
<h3>Foundation of User Experience</h3>
User experience refers to how a user interacts or experiences a product such as a website or computer application especially in terms of how easy or pleasing it is to use.
User-centered design is when you consider a user's story, emotions, and not the feedback you have incorporated in design updates.
When a web developer start to build a new product, he/she should first design for a single platform that that best meets the end user's needs.
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1.) student loans due to the fact that they are more secure than credit card debt and maybe have long periods before they have to be paid off.
2.) chad has a maximum amount of money he can use before it has to be paid back. Unfortunately chads maximum was so low he couldn’t even buy popcorn, or he already maxed out his card.
Answer:
C. Raw material inventory Dr, $ 72,000
To Direct material cost variance $27,600
To Accounts payable $44,400
Explanation:
The Journal entry is shown below:-
The variation in material costs would be favorable in a given situation. Since standard costs higher than real costs. And the journal submission would be for a desirable variance:
Raw material inventory Dr, $72,000
(12,000 × $6)
To Direct material cost variance $27,600
To Accounts payable $44,400
(Being Raw material inventory is recorded)
By definition, empirical probability is equal to C. Number of successful trials/Total number of trials.
<h3>What is an empirical probability?</h3>
It should be noted that empirical probability simply means a experimental probability that is based on historical data.
In this case, by definition, empirical probability is equal to the number of successful trials divided by the total number of trials.
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