Answer:
"An NMS stock is current quoted at $16.10 Bid - $16.30 Ask. A customer wishes to place an order to buy 1,000 shares of the stock at $16.111. The registered representative should:"
buy the 1,000 shares of NMS stock when the price is $16.111 or below.
Explanation:
This order by the customer is a limit order. It indicates the price at which the registered representative should buy the stock of NMS. A limit order means that the order can only be filled at the specific price or better (below the limit). It is not like a stop order which triggers at the specified price and will then be filled at the prevailing market price, whether it is below or above the stated price.
Answer:
The correct option is E,product marketing and supply chain preparation
Explanation:
This last stage in product development process addresses the issues in last stage in the customer's purchase decision process, post-purchase evaluation.
In order for customers to perceive the product as been a perfect fit for their needs, their issue around maintenance , repair and warranties must be adequately addressed which is a justification for them to come back for repeat business.
Also, it is noteworthy that the consumers are not only purchasing the physical products but also the services after purchase known as augmented or extended product
Answer:
Correct Answer:
D. Trickle Sort
Explanation:
A Sorting Algorithm is used to rearrange a given array or list elements according to a comparison operator on the elements. From the ones listed, only Trickle Sort is not part of it.
Answer:
Electronic funds transfer for $9,800 from Terra Cota Cataluna
Effect of Transaction on the June 30 Bank Reconciliation:
Since it had not been recorded in the accounting books, it will make the balance in the bank statement to exceed the cash account balance by $9,800.
Explanation:
This transaction is regarded as direct credit in the bank account. It causes a discrepancy between the bank statement balance and the cash account balance.
In preparing the bank reconciliation statement, if you start with the balance as per the cash account, then will add this to this balance. If it is the only item for reconciliation of the bank statement, it will make the cash account balance to agree with the bank statement balance.
To correct this, a record (journal entry) will be made by debiting the Cash Account and crediting the Accounts Receivable account.
