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Papessa [141]
3 years ago
6

An investment adviser structured as a partnership lends money to a customer to buy recommended securities. Under NASAA's Model R

ule on Unethical Business Practices of Investment Advisers, Investment Adviser Representatives, and Federal Covered Advisers, this activity is
Business
1 answer:
Eva8 [605]3 years ago
5 0

A) acceptable, provided the securities are used as collateral for the loan and the loan conforms to the provisions of Regulation T.

B) acceptable, provided the loan is made under the provisions of Regulation T of the Federal Reserve.

C) unethical.

D) acceptable, provided the securities are used as collateral for the loan.

Answer: Unethical

Explanation: Based on the model and policy of the North America Securities Administrator's Association, the investment adviser cannot lend money to a customer to purchase recommended securities under the guise of being partners, such behavior is deemed UNETHICAL and in violation of the rule binding the practices and investment advisers and investment adviser representatives.

Customers can purchase securities by taking loans from recommended or regulated lender, broker or bank.

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Motonous Corporation has completed its fiscal year and reported the following information. The company had current assets of $15
Alisiya [41]

Answer:

The retained earning is $167918.

Explanation:

The current assets of the company = $153413

The net fixed assets = $412331

Other assets of the company = $7822

Current liabilities of the company = $65314

Long term debt = $178334

Common stock = $162000

Retained earnings  = total assets - (total liabilities + common stock)

Retained earnings  = 153413 + 412331 + 7822 - ( 65314+ 178334+162000)

Retained earnings   = $167 ,918

4 0
3 years ago
Which of the following is correct regarding expectancy theory? Group of answer choices Effort is only useful in improving motiva
madam [21]

"An effort is only useful in improving motivation levels in employees with specialized jobs" is correct regarding expectancy theory.

<h3>What is expectancy theory?</h3>

Victor Vroom of the Yale School of Management put forth the expectation hypothesis in 1964. According to the expectation theory, a person's motivation is determined by their level of desire for a reward, their assessment of the likelihood that their efforts will result in the expected performance (Expectancy), and their conviction that their efforts will pay off once they meet their expectations (Instrumentality).

Expectancy is the conviction that stronger efforts will yield better results. Expectations are affected by things like having the necessary skills to do the job, having access to the resources you need, being able to receive the information you need, and receiving the necessary support to get the task done.

Learn more about expectancy theory here:

brainly.com/question/12982959

#SPJ4

5 0
2 years ago
Wasilko Corporation produces and sells one product. a.The budgeted selling price per unit is $114.Budgeted unit sales for Februa
USPshnik [31]

Answer:

C) $21,080

Explanation:

The computation of the net operating income is given below:

Particulars                                          Per unit               Total

Sales                                                  $114                   $1,128,600

Less: Variable expenses:

Raw material cost (6 pounds for $4)  $24              $237,600

Direct labor cost (2.4 hours for $24)  $58             $570,240

Manufacturing overheads (2.4 hours for $9)  $22  $213,840

Variable selling and admin expenses  $2              $15,840

Contribution margin              $9                           $91,080

Less: Fixed Selling and admin exp                  $70,000

Net operating income                                     $21,080

3 0
3 years ago
-.a) State the main function of a business.
EastWind [94]

Answer:

The main function of a business is to add value to the customers they have chosen to serve.

A business simply satisfies a need or want of people and tries to make something convenient and easy for them.

The more a business understand the requirements, needs and wants of their customers, the more they add value and the more they will remain a successfully company.

Explanation:

3 0
3 years ago
A business administrator in a school is determining how classes will be scheduled, which rooms will be allocated, and who will t
Rufina [12.5K]

He is planning.

Organizing would be after everything is thought of and bought, and now just fixing everything the way they should be. Controlling and leading are both far after the admin would be thinking of things like this.

4 0
3 years ago
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