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ira [324]
2 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]2 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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Some individuals argue that accountants should focus on producing financial statements and leave the design and production of ma
dusya [7]

Answer:

If the accountants of an organization are to concentrate only on financial information then there will be no advantage. The both party (organization and the accountant) might suffer if this happened.

Moreover, it would be very costly to have two systems rather than one that captures and processes operational facts at the same time as it captures and reports financial facts.

The main disadvantage of this is that accountants would ignore much relevant information about the organization's activities. To the extent that such non-financial information (e.g., market share, customer satisfaction, measures of quality, etc.) is important to management, the value of the accounting function would decline.

Explanation:

3 0
3 years ago
Potential GDP refers to the level of ___________ Select one: a. Nominal GDP in the long run. b. Nominal GDP in the short run. c.
Aloiza [94]

Answer:

c. Real GDP in long run

Explanation:

Potential GDP refers to the level of real GDP in long run.

8 0
2 years ago
Read 2 more answers
Cyclical unemployment is BEST described as unemployment arising from
Ira Lisetskai [31]

Answer:

Contraction cycle or Recession

Explanation:

The cyclical unemployment is due to the cycles of economy ( expantion:Grow and contraction: recession) Under these circumstances unemployment is considered normal as the economy cannot sustain itself always in an expansion cycle.

3 0
3 years ago
What type of research involves identifying key product characteristics that become selling​ points? For​ example, the marketing
Trava [24]

Answer:

<em>Product-Specific Research</em>

Explanation:

Product research <em>is an essential part of the development of new products. Analysis will help you determine important issues at every stage of the process and avoid costly errors.</em>

Testing a prototype will help you to reject uncompromising concepts, allowing you to focus money and time commitment on goods with the best chance of commercial success.

Product-Specific Research includes finding key product features that are selling points. Sells the benefit that the product provides.

8 0
2 years ago
Computing materials variances:
lesantik [10]

Answer:

1. Total cost of purchases for the month

  • = actual purchases x actual price = 200,000 pages x $0.175 per page = $35,000

2. Materials price variance

  • = (actual unit cost - standard unit cost) x actual quantity used = ($0.175 - $0.17) x 185,000 = $925 unfavorable

3. Materials quantity variance

= (actual quantity used - standard quantity allowed) x standard price = (185,000 - 170,000) x $0.17 = $2,550 unfavorable

4. Net materials variance

  • = materials price variance + materials quantity variance = $925 + $2,550 = $3,475 unfavorable

Explanation:

Actual purchase price  $0.175 per page

Standard quantity allowed for production  170,000 pages

Actual quantity purchased during month  200,000 pages

Actual quantity used during month  185,000 pages

Standard price per page  $0.17 per page

3 0
2 years ago
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