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Galina-37 [17]
3 years ago
11

A new investment adviser that will use a passive management approach opens its first account with a customer that is placing $10

,000,000 under management. The customer states that he wants the portfolio invested aggressively in selected speculative stocks. The investment adviser should:
Business
1 answer:
PtichkaEL [24]3 years ago
4 0

Answer:

B.

Explanation:

Based on the information provided it can be said that the investment adviser should recognize that the customer's request is not within the scope of the adviser's expertise and retain an outside investment counsel. A "passive" investment manager believes in results generated by a diversified portfolio over one of individually selected stocks. Since the individual wants the adviser to choose the stocks, then the adviser has the responsibility to step back due to his lack of expertise selecting an individual stock portfolio and advise the individual to retain another investment advisor.

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Mrs. Park is an elderly retiree. Mrs. Park has a low fixed income. What could you tell Mrs. Park that might be of assistance
natali 33 [55]

Answer: Reach out to her Medicaid for their programs

Explanation:

There are programs that are set up to assist retiree's. Mrs Park should reach out to her state Medicaid agency and enquire if she is qualified for the programs they run which would assist her income.

4 0
3 years ago
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One goal of bankruptcy law is to encourage the continued use of credit. true or false
Mademuasel [1]
True
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4 0
4 years ago
National income accountants can avoid multiple counting by.
denis-greek [22]

Answer:only counting final goods

Explanation:

3 0
3 years ago
The management dilemma is always a problem, not an opportunity. Group startsTrue or FalseTrue, unselectedFalse, selected
Otrada [13]

Answer:

False

Explanation:

Management dilemma can be regarded as complicated issue that is been developed when more than a goal is set to be accomplished by manager at a time, and at that present time no right answer. It should be noted that management dilemma can aw well be regarded as either a problem or opportunity that needs a business decision.

3 0
3 years ago
A company has budgeted direct materials purchases of $210000 in July and $390000 in August. Past experience indicates that the c
Alja [10]

Answer:

$486,000

Explanation:

According to the scenario, computation of the given data are as follow:-

                          Budgeted Cash Disbursements for August

Particular                                                           Amount ($)

Direct material purchase for July ($210,000 × 30%) 63,000

Direct material purchase for August ($390,000 × 70%) 273,000

Add-wages paid 50,000

Add: Office equipment purchase 62,000

Add: Selling and administrative expenses 38,000

Total                                                           486,000

The depreciation is a non cash expense and the same is not relevant. Hence, ignored it

7 0
4 years ago
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