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Wittaler [7]
4 years ago
6

After taking the information from a new client for the opening of a new account, an RR submits this information to his BOM. The

BOM when reviewing the new account information notes that the only address listed is that of a P.O. Box. Under what circumstances can the account be approved?
Business
1 answer:
Darya [45]4 years ago
4 0

Options:

[A] The new client is a personal friend of the RR who will be in charge of overseeing the new account.

[B] The new client agrees to provide a real address of a home or business, even though he insists that all correspondence be sent to the P.O. Box.

[C] The new client submits a written statement stating that for convenience purposes, he only uses a P.O. Box for all correspondence.

[D] The new client tells the RR and the BOM that he has not yet established a place of residence in the area and that the P.O. Box is the only fixed address he can give.

Answer:

B

Explanation:

Unless the new client provides a real address (either home or office), the account cannot be opened. FINRA regulations do not consider a P.O. Box as an acceptable residential address. The RR can send all the correspondence to the P.O. Box if the client requests it, but the client must still provide a real home or business address.

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Elanso [62]
In my understanding, this assignment wants you to evaluate the decision made by the management officer, in her attempt to improve the business position.

First of all, net profit figure shows the profitability of the business. Net profit figure means the total profit earned minus all the costs incurred in running the business. Higher net profit figure in year 1 might indicate a favourable position, as it could be that higher profit is generated from using whatever method/machine they use in year 1, or running this machine incurred less cost. In year 2, they didn't necessarily earn lower profit, but running the new machine might be more costly.

Next, rate of productivity growth refers to the growth in quantity of output produced. If more output can be produced, this means higher efficiency. This means that the efficiency of production in year 2 is more than in year 1.

Thirdly, the number of customer's complaints is important in evaluating the business' goodwill, in this case, its position in the society. Without good relationship with the public, a company may lose its customer. It is always important to keep clients satisfied since they're the source of income to the business. This means that the management decision in year 2 is more favourable than in year 1.

Last but not least, rate of absenteeism can be evaluated in terms of productivity . Higher absenteeism means lower productivity, lower output but higher cost to the business since they're paying salaries to workers who don't produce output to sell. Less output to sell means less income can be earned. In year 1, the business productivity is higher than in year 2.

In year 2, the business has a boost in their efficiency & reputation. Although less profit earned, it is likely that this will grow in the future. Staff attendance can be improved by encouragement such as giving incentives for example, provision of more holidays.

I hope this is helpful!
6 0
3 years ago
When the interest rate increases, the opportunity cost of holding money Group of answer choices increases, so the quantity of mo
Contact [7]

An increase in the interest rate increases the opportunity cost of holding money and leads to a reduction in the quantity of money demanded

<h3>What is opportunity cost ?</h3>

The opportunity cost of a particular activity option in microeconomic theory is the loss of value or benefit that would be incurred by engaging in that activity, as opposed to engaging in an alternative activity that offers a higher return in value or benefit.

The value of the next best alternative or option is referred to as the opportunity cost. This value may or may not be monetary. Value can also be measured using other criteria such as time or satisfaction. One formula for calculating opportunity costs could be the ratio of what you give up to what you gain.

To know more about opportunity cost follow the link:

brainly.com/question/1549591

#SPJ4

5 0
2 years ago
Contestants on the game show wheel of fortune are given labels to assist them solving the puzzles. these labels activate _______
V125BC [204]

These labels activate top-down processing. Game shows cause our brains to use top-down processing because we are reffering to information we have learned previously when triggered by sensory systems. When we process information it flows down from our brain and becomes apparent when our senses are peaked.

8 0
3 years ago
An organization decides to improve its raw material handling process by buying a material handling robot. This is an example of
Leona [35]

Answer:

B. Automation

Explanation:

Option A is incorrect as a human resource cannot be a material handling robot.

Option C is wrong as statistical quality control cannot do the same task as a material handling robot can. Statistical quality control can ensure quality by minimizing risk.

Options D and E are incorrect, respectively, as flexible manufacturing cannot improve the raw materials, and fixed layouts cannot be the element of the raw material process.

Option B is correct as a material handling robot is a machine. Therefore, automation is necessary to improve the raw materials handling process.

8 0
3 years ago
Jorgensen High Tech Inc. is a calendar-year, accrual-method taxpayer. At the end of year 1, Jorgensen accrued and deducted the f
Wittaler [7]

Answer:

$100,000

Explanation:

Based on the information given Jorgensen may lessen the amount of $100,000 in the second year which is year 2 reason been that the amount are NOT FIXED amount at the end of the year 1 because the employees are qualified to receive the bonus amount only in a situation where the employees are been employed on the date the bonuses amount were been paid.

Employees Deductible Year 1 Deductible Year 2

Ken $0 $40,000

Jayne $0 $30,000

Jill $0 $20,000

Justin $0 $10,000

Total $100,000

4 0
3 years ago
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