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TEA [102]
3 years ago
5

In processing orders, an operations professional sees that a customer purchased $24,999 in mutual fund shares today. The operati

ons professional discovers that a reduced sales charge would have been available to the customer had the customer purchased just one additional share of the fund. In a scenario such as this, the RR handling the account may have committed which of the following violations?
Fraud
Breakpoint sale
Wash Sale
Trading ahead
Business
1 answer:
bulgar [2K]3 years ago
3 0

Answer:

The answer is: Breakpoint Sale

Explanation:

A breakpoint sale  violation occurs when a RR sells mutual fund shares to a client and doesn't disclose reduced sales charges that the client would qualify for if they had bought just a few more shares. In this case the client could have qualified for a discount if he had just bought one more share, and could have saved money instead of paying higher charges.

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KatRina [158]

Answer:

High prices

Explanation:

High prices are a term that describes the expensive value of products in comparison with other similar products or the raw materials used in the production. However, with the increase in the price of a product, the quantity supplied increases as well. This will result in the following:

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2. Attraction to create additional products.

3. Increased revenues

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Hence, the right answer is HIGH PRICES

7 0
3 years ago
Find an article regarding full disclosure or the treatment of accounting changes. In 250-300 words, summarize the article that y
Akimi4 [234]

Hi, since this is an academic writing activity, I simply provided suggestions and explanations of key terms.

<u>Explanation:</u>

Basically writing an essay involves consulting good written sources of information that discuss the subject. The term accounting changes disclosure basically refers to the requirement for companies to disclose

any changes to its:

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3 0
3 years ago
Q 7.1: a _____ would be properly classified as cash.
kotegsom [21]
A savings account would be properly classified as cash which is an interest bearing bond account held at a bank or alternative monetary organization that offers an uncertain interest rate. The banks or monetary organizations may have assured the number of withdrawals can create from savings account each month and burden fees if uphold a certain average monthly balance in the account. 
8 0
3 years ago
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mario62 [17]
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5 0
2 years ago
Under the temporal method, income statement items that relate to newly recognized assets and liabilities generally are remeasure
ad-work [718]

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Explanation:

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6 0
3 years ago
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