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Greeley [361]
3 years ago
12

What two skills work together to make managers good role models?

Business
1 answer:
Alla [95]3 years ago
4 0
A. Persuasiveness and integrity
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The quantity sold in a market will decrease if the government decreases aA. binding price floor in that market.B. binding price
Pavlova-9 [17]

Answer: B

Explanation:

Price ceiling is the highest authorized price that could be charged by sellers for a good.

Prices received by sellers will be reduced if government would bring down authorized price in the market.

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3 years ago
You received a signed broker-to-broker transfer initiation form (TIF) from an established customer desiring to transfer a specif
almond37 [142]

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

#SPJ1

<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.

4 0
2 years ago
Going to college is an expensive proposition. Determine whether the following costs of attending college are implicit or explici
ad-work [718]

Answer:

1. Time spent away from family is an implicit cost.

2. Transportation is an explicit cost

3. Forfeited working experience is an implicit cost

4. Books and materials is an explicit cost

5. Forgone earnings are an implicit cost

Explanation:

A college is an educational institution that provides opportunities for higher learning and specialized professional training. A decision to go to college should be conscious one that takes into consideration all the important aspects. The most important consideration is the cost of education, since attending college is usually an expensive proposition. One needs to consider the different costs that they will meet, whether implicitly or explicitly. Lets us consider the following implicit and explicit costs as shown;

1. Implicit cost: an implicit cost is a cost incurred without necessarily spending money. They are more of an opportunity cost that is calculated from the alternatives undertakings that one has sacrificed. An implicit cost is not an accounting cost but an economical cost that tends to consider options that are not actual expenditures. They are; time spent from family, forfeited working experience and forgone earnings. These are actually items that one sacrifices when he/she decides to go to college. Time spent from family is an implicit cost since one will spend most of his or her time in college. Attending college also means that one wont be able to go for a job and get some working experience while earning, therefor this is also an implicit cost. Explicit cost are determined by estimating the value of the activity sacrificed.

2. Explicit costs: an explicit cost is a type of accounting cost that needs one to actually spend money. It is an out of pocket cost where one has to use money to purchase a good or service. Examples are Books and materials. College students are often required to purchase specific books and materials for study. Transportation is also a cost that requires one to spend on bus fare or even cab fare to and from college. These are costs that require one to actually use money.

8 0
3 years ago
John Grey owns Grey's Snow Plowing. In October, he collects $12,000 cash for 6 commercial accounts for which he will provide sno
mote1985 [20]

Answer:

The correct answer is Debit Unearned Plowing Revenue

Explanation:

Earlier the journal entry would be recorded as:

Cash A/c.................................................Dr    $4,000

    Unearned Plowing Revenue A/c..............Cr   $4,000

But the correct entry that should be recorded is:

Cash A/c.................................................Dr    $4,000

    Plowing Revenue Earned A/c..............Cr   $4,000

So, in order to pass the adjusting entry, we should debit the Unearned Plowing Revenue in order to reconcile or nill the same account by debiting.

4 0
3 years ago
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