1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
fgiga [73]
3 years ago
13

As defined in the Investment Advisers Act of 1940, the term "person associated with an investment adviser" would include all of

the following EXCEPT
A) an employee of the firm with a degree in communications whose job is the graphic design of the investment adviser's research publications


B) an individual employed by an investment adviser to solicit new advisory clients, compensated at a rate of $500 for each new account.






C) a senior officer of an investment adviser responsible for marketing the adviser's services as opposed to making investment advisory decisions.






D) a silent partner in an advisory firm organized as a general partnership
an employee of the firm with a degree in communications whose job is the graphic design of the investment adviser's research publications

The term "person associated with an investment adviser" means any partner, officer, or director of such investment adviser (or any person performing similar functions), or any person directly or indirectly controlling or controlled by such investment adviser, including any employee of such investment adviser, except that persons associated with an investment adviser whose functions are clerical or ministerial shall not be included in the meaning of the term. Graphic design would be considered a clerical function.
Reference: 3.1.1.5 in the License Exam Manual
Business
1 answer:
kogti [31]3 years ago
4 0

Answer:

A) an employee of the firm with a degree in communications whose job is the graphic design of the investment adviser's research publications

Explanation:

In this case, the employee who performs tasks related to graphic design, but doesn't carry out any function similar to an associate partner or director of an investment adviser, is not considered a "person associated with an investment adviser". Even if that person actually worked for the investment adviser, his/her functions are considered clerical, the same as a secretary or receptionist.  

You might be interested in
Which of the following is most necessary for specialization among producers to take place? A. Free trade B. Competition C. Scarc
Lelu [443]
I think the answer is C, Scarcity.

But it depends, are you talking about plants or the consumer market? Because there also is specialization that occurs in flora species as well.

But I hope this helps!
6 0
3 years ago
Read 2 more answers
It's okay to lower a vehicle onto a high-reach support stand.<br><br> True or False
liubo4ka [24]

Answer:

False

Explanation:

Use high reach vehicle support stands to help stabilize the vehicle for jobs that involve considerable displacement of weight or that shake the vehicle. Never lower vehicles onto vehicle support stands. If this is done, the stands may push the vehicle off the lift.

5 0
2 years ago
________ seeks to better run an organization using complete and accurate information and management processes or controls.
Paha777 [63]

Answer:

Governance

Explanation:

Governance is a systematic way of how power is exercised for effective management of state/country economy and social resources for development of the state. Governance involved establishing policies and complete monitoring of the policies by the government using all legal tools permitted by the constitution of the state/country to seek accurate information and management control of resources in other to deliver good governance for the betterment of the people.

8 0
3 years ago
Read 2 more answers
Which of the following is true when an economy produces at full employment, but consumers, government, businesses, and the forei
Art [367]

Answer:

When an economy produces at full employment, but consumers, government, there is a recessionary gap - Option B.

Explanation:

According to the Keynesian perspective, firms produce output only if they expect it to sell.

While the availability of the factors of production determines a nation’s potential gross domestic product (GDP), the amount of goods and services actually being sold, known as real GDP depends on how much demand exists across the economy.

Keynes termed a fall in the aggregate demand as a recessionary gap.

A recessionary gap refers to an economy operating at a level below its full-employment equilibrium. Under this condition, the level of real gross domestic product (GDP) is lower than the level of full employment, which puts downward pressure on prices in the long run.

Thus, when an economy produces at full employment, but consumers, government, there is a recessionary gap - Option B.

6 0
3 years ago
Benson Corporation manufactures car stereos. It is a division of Berna Motors, which manufactures vehicles. Benson sells car ste
Alla [95]

Answer:

Potential loss to the whole corporation = $(60,000)

Explanation:

The Benson  Division is operating at full capacity, hence it has no excess capacity .

This implies that it can not produce enough to meet both demand of  internal and external buyers.

<em>Hence, Benson Division  cannot accommodate the demands of the Berna Division at a price lower than the external price, because it will result to a loss in contribution.</em>

To maximize and optimize the group's profit in this scenario, the minimum transfer should be:

Minimum transfer price = External selling price - savings in selling cost resulting from in internal transfer

= $86-3= 83

Minimum transfer price = $83.

Effect on Group's profit

<em>Any unit transferred at a priced lower than $83 would result in a unit loss to the Benson Division equal to $83 minus the transfer  price.</em>

<em>Any unit transferred to Berna at a price lower that its current purchase cost would save the division an amount equal to the current purchase cost  minus the forced transfer price.</em>

The potential loss to the organization as a whole would be computed as the net effect of the following:

Lost contribution by Benson : The difference between the Minimum transfer price and the transfer imposed by the group company multiplied by the quantity transferred.

Savings made by the Berna Division : The difference between the forced transfer price and current purchase of Berna.

We can summarize the effect of the forced transfer price on the whole corporation as follows:

Lost contribution per unit = 83 - 35= 48 .

Savings made per unit = 80 - 35 = 45

                                                                                       $

Total lost contribution by Benson

(48 × 200,000)                                                         (960,000)            

Savings made by Berna as result of the transfer

(45 × 200,000)                                                          <u>900,000</u>

Potential loss to the group                                       <u> (60,000)</u>

Potential loss to the whole corporation = $(60,000)

5 0
3 years ago
Other questions:
  • Nolan Company's cash account shows a $29,193 debit balance and its bank statement shows $28,152 on deposit at the close of busin
    6·1 answer
  • Trisha and Josh recently adopted a child, Julie. Before the adoption, Trisha, Josh, and Julie's biological parents worked out an
    11·1 answer
  • Asymmetric information in a market transaction occurs when there is unequal knowledge possessed by the multiple choice seller an
    15·1 answer
  • Robert wants to get serious about saving for a new car. Which account would you recommend? Why?
    7·1 answer
  • You decide to save money for your daughter's education which requires a one time payment of $60,000 in 10 years and in pursuit o
    6·1 answer
  • Assume that you own a small boutique hotel. In an attempt to raise revenue you reduce your rates by 20 percent. However, your re
    15·1 answer
  • Smith has applied overhead of $73,000 and actual overhead of $87,600 for the month of November. It applies overhead based on dir
    5·1 answer
  • While people and societies do, indeed, respond to the opportunities and constraints of their physical environments, ________ tak
    12·1 answer
  • During production, the crew most closely associated with the camera consists of ________. a. the director and the production man
    14·1 answer
  • You own a small manufacturing business that produces widgets. You have spent $400,000 acquiring the fixed assets you need to pro
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!