Answer:
C. active monetary policy potentially destabilizes the economy.
Explanation:
Answer: Liabilities
Explanation: The Balance sheet which is also known as the statement of financial position represent or shows an entity financial position at a single point in time. That is, it shows the Owners equity(capital), Liabilities and Assets of a firm for a financial period, usually a year.
On the other hand, the income statement shows and entity profitability over a period of time
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Answer:
The investment advisory firm which employs the investment adviser representative (IAR).
Explanation:
FINRA's rules specifically state that before any transaction, the IAR must have a signed power of attorney. The IAR cannot start trading or operating with the client's money until he/she has received a signed written power of attorney from the client. Only after the signed power of attorney has been given tot eh IAR, can he/she act on discretionary basis.
If the IAR is not a registered broker-dealer, then NASAA rules state that oral agreements are valid for up to 10 business days, but the IAR must have a written authorization after that time expires. I.e. the IAR could buy the stocks, but he/she was not authorized to sell them. So any loss is responsibility of the firm that employs the IAR.
Answer:
c. classes, series.
Explanation:
Corporate stock refers to the shares issued to the shareholders through which the company gets its funds for the business.
These shares are of two classes mainly:
Equity and Preference
These are further divided into series like:
Equity = Fully paid, 50% paid
Preference = 5% Preference or 10% preference capital or any other rate.
Further it includes, the reserve and surplus also.
