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Alex Ar [27]
3 years ago
9

One of your customer accounts is a trust account. The trustee of the trust is inexperienced in investing.

Business
1 answer:
Alinara [238K]3 years ago
7 0

Answer:

A) The duty to diversify the trust portfolio to reduce risk

Explanation:

The Uniform Prudent Investor Act (UPIA) requires trustees to make investments following the Prudent Person Rule. This means that trustees should invest the trust funds as if the trustee was a prudent person investing his/her own assets.

The best way to comply with the prudent person rule is to invest in a diversified portfolio that reduces risk.

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As you describe your products or services in your business plan, the most effective approach is to
alexgriva [62]
Have a clear description of what exactly your product or service is going to be and how you plan to accomplish your set goals.
Focus on what target market your product is for.
Describe the benefits of this product
Have other people offer proof to how good the product is
Make the description easy to read and understand.
7 0
3 years ago
If a company is using past email responses as a segmentation strategy, the best approach for individuals who have not responded
raketka [301]

Answer: a. offer them free merchandise if they place an offer

Explanation:

When a customer is not replying via email, the best way to get them to be responsive again is to offer them some form of special that would allow them to make savings on a purchase of goods.

One such method would be by offering them free merchandise if they make an offer. Chances are that they would become responsive so as to take advantage of this offer.

3 0
3 years ago
Receive cash from customers, $15,000. Pay cash for employee salaries, $9,000. Pay cash for rent, $3,000. Receive cash from sale
Alexeev081 [22]

Answer:

Part 1

<u>Cash Account</u>

                                                                           $

<u>Debit :</u>

Receive cash from customers                     15,000

Sale of Equipment                                         8,000

Bank Loan                                                      4,000

Totals                                                            27,000

<u>Credit :</u>

Pay cash for employee salaries                   9,000

Rent                                                                3,000

Utilities                                                            1,000

Advertising                                                     7,000

Ending Balance                                              7,000

Totals                                                            27,000  

     

Part 2

Ending Balance is $7,000

Explanation:

Only Cash related purchases and receipts are posted to Cash Account. Thus ignore non-cash related transactions.

The Cash Account : Receipts are posted at the Debit side of this Account and Payments at the Credit Side.

The Balance : After determining the Totals of the Debit and Credit, the shortfall of any of that side represents the Balance.

7 0
3 years ago
Which of the quadrants in the service process matrix has high labor intensity and high​ customization?A.service factoryB.profess
Lynna [10]

B. Professional Service

The service process matrix rates services from low to high on labor intensity and on customization. Professional services are high on both.

6 0
3 years ago
HELP ASAP
Vesnalui [34]
The three basic question of economic is 

What to produce

How to produce

For whom to produce 

Therefore the answer would be

1.How will the goods and service be produced

2.How will the goods and service be produced

3.Who will consume the goods and services
6 0
3 years ago
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