Answer:
"A" options is correct
Explanation:
Transnational organizations actually controls the world economy. These are the organizations that function in multiple countries and have assets and manufacturing plants in multiple countries. They controls the flow of money and they are biggest buyers and sellers in market like Unilever and Microsoft. They are giants that control economies of multiple countries. Because they are actually investing in multiple countries. so the flow of money in and out of that country is majorly controlled by these organizations.
Answer: A) need not disclose that fact to the clients
Explanation: An investment adviser representative need not disclose the fact that he/she uses third-party research to formulate portfolio to the clients and the reason is this: It is not necessary to disclose what sources an investment adviser representative uses as the basis for portfolio recommendations, and thus is never in violation of his fiduciary responsibility. However, if the third-party research used is to be distributed to his clients, then, proper attribution is required.
Answer:
11, 0000000000000000000000000000000000000
Answer:
Pro forma financial statements
Explanation:
The term pro forma financial statements refers to a type of financial statement which estimates future financial results. It doesn't follow the GAAP, instead it is designed to focus on specific figures about a company's expected earnings. Although pro forma financials are only expected financial statements, it is still illegal to mislead investors using them.
By preparing a pro forma financial statement, Tomas will be able to estimate if his new business will be profitable or not, approximately how much financing he will need and estimate the future cash flows of his project.