Based on the information given about the insurance company, the thing that Wayne should do is D. Immediately provide a copy of the company's AML policy as requested.
It should be noted that the anti laundering policy helps financial institutions in combatting money laundering.
Since the insurance company's AML compliance officer has been asked by FinCEN to provide the agency with a copy of the company's AML policy, he should immediately provide a copy of the company's AML policy as requested.
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Answer:
1.90
Explanation:
The computation of the beta of the stock T is shown below:
Portfolio beta = Invested percentage in stock R × beta of Stock R + Invested percentage in Stock S × Beta of stock S + Invested percentage in Stock T × Beta of Stock T
1.37 = 0.24 × 0.71 + 0.38 × 1.26 + 0.38 × Beta of Stock T
1.37 = 0.1704 + 0.4788 + 0.38 × Beta of Stock T
1.37 = 0.6492 + 0.38 × Beta of Stock T
0.7208 = 0.38 × Beta of Stock T
So, the beta of stock T is 1.90
Any increase in government spending must be offset by an increase in revenue and/or cuts in spending elsewhere in the budget.
<h3>What does Texas Constitution require a balanced budget?</h3>
- Texas always keeps its budget balanced because the State Constitution demands it. The Texas state and local sales taxes exceed 10% of the individual transaction price. The primary operating fund for Texas is the General Revenue Dedicated Fund.
- A constitutional amendment known as the "balanced budget amendment" would restrict government spending to the amount of revenue it receives. Spending would need to be under control by the federal government.
An amendment to the texas constitution requires a balanced budget. This means that any increase in government spending must be offset by an increase in revenue and/or cuts in spending elsewhere in the budget.
According to a balanced budget, a government should not spend more than its income. Thus projected incomes and expenditures should be equal.
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Answer:
False.
Explanation:
Given: Total budgeted factory overhead cost = $600000.
Plantwide allocation base= 100000 hours.
Now, finding plantwide factory overhead rate.
Formula; Plantwide factory overhead rate= 
⇒ Plantwide factory overhead rate= 
Hence, Zorn´s plantwide factory overhead rate is $6 per hour not $3 per hour.
Answer:
The right answer is option (A).
Explanation:
According to the scenario, given data is :
Time required for one unit = 12 Min
Payment for job = $12.75 / Hour
So, payment for job per minute = $12.75 / 60 = $0.2125 / minute
Hence, Rate per piece = rate/minute × time required for one unit
= $0.2125 × 12
= $2.55
Hence the most appropriate answer is option (A).
