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ira [324]
3 years ago
9

Orders placed for buying shares of a mutual fund any time up to 4:00 p.m. are priced at that day’s net asset value (NAV), and or

ders placed after 4:01 p.m. are priced at the next day’s NAV. What is this practice known as_______________.
Business
1 answer:
AnnZ [28]3 years ago
8 0

Answer: Forward pricing

Explanation:

Forward pricing is a policy in the mutual funds industry where by companies that are investing are mandated to buy or sell orders based on the end net asset value for the day. It is a policy developed by SEC (Securities and Exchange Commission) supported by Rule 22(C) (1) also known as Forward pricing rule. This rule helps to lessen the severity of dilution on shareholders and also help mutual funds operations to run efficiently

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Answer:

The correct answer is debit accounts receivable, credit cash.

Explanation:

Note debit is a receipt that a company sends to its client, in which it is notified that it has charged or debited a certain sum or value in its account, for the concept indicated in the same note. This document increases the value of the debt or account balance, whether due to an error in billing, interest for late payment, or any other circumstance that means an increase in the balance of an account.

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A. Both II and III

Explanation:

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2 years ago
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Hence, Glenda must have been employed as a project manager for the telecommunication company.

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