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
Paha777 [63]
3 years ago
12

A. Stockbrokers execute trades on the floor of the New York Stock Exchange on behalf of account executives. B. Stockbrokers are

regulated by financial consultants. C. Stockbrokers must be licensed by the Securities and Exchange Commission. D. Stockbrokers act as dealers in the securities they trade.
Business
1 answer:
Lilit [14]3 years ago
8 0

Answer:

The correct answer is A. Stockbrokers execute trades on the floor of the New York Stock Exchange on behalf of account executives.

Explanation:

The main function of a stockbroker is to provide advice to other people who do not have the necessary experience to carry out operations in the different financial markets. The stockbroker stands out for having extensive knowledge in finance and fulfilling an active and important role in the stock market. You could say that the stockbroker acts as an intermediary, that is, a person who is between the broker and the investor who is interested in buying or selling.

The stockbroker guides and advises its clients in finance so that they can obtain the best possible returns. It is also responsible for managing purchases and other operations performed by its customers. Then it can be said that the work cycle of a broker begins when one of its clients buys an asset, and ends when it sells it and definitively closes the operation.

You might be interested in
The primary focus of financial statement audits is the discovery of fraud. group startstrue or false
White raven [17]

The goal of an audit of financial statements is to enable an auditor to specific an opinion as to whether or not the economic statements are prepared, in all material respects,

in accordance with International Financial Reporting Standards or another recognized financial reporting framework.

<h3>What is the primary motive of monetary statements?</h3>

This studying has presented an overview of economic statement analysis. Among the principal factors included are the following: The principal purpose of financial reports is to furnish records and records about a company's economic position and performance, consisting of profitability and cash flows.

Learn more about  financial statement audits here:

<h3>brainly.com/question/20713734</h3><h3>#SPJ4</h3>
6 0
1 year ago
Which of the following is not something that money does in an economy?
BigorU [14]
Measure the value of commodities.
3 0
3 years ago
Read 2 more answers
Sales returns A) Refer to merchandise that customers return to the seller after the sale B) Are related to purchase discounts C)
Lisa [10]

Answer:

A) Refer to merchandise that customers return to the seller after the sale.

Explanation:

Option B is wrong because the sales return comes from customer selling while a purchase discount is given to the customer.

Option C is wrong because the sales discount can reduce the selling price of merchandise sold to customers.

Option D is wrong because the trade discount helps to the customer so that they can give less payment during purchase or sales.

Option E is wrong because the cash discount is given to customers to encourage early payment.

Option A is correct because when the customer returns the products to the seller after the sale is called sales returns.

5 0
2 years ago
g you are asked to determine, other things equal, the effects of a given change in a determinant of demand or supply for product
nordsb [41]

Answer:

wrong questions please feel free to contact karti hai phone nahi karti you wanted to be alone with each other so that they should take a walk it was agreed with me and then walked on ramp and it by stating the strength of the fact that in spite of all the words he had been undecided about what he should do not seem to be alone with each other so that they should take a walk it was to see but this letter remarks about what he should do not seem likely is aunty advice mite settle every day and it went together it was agreed with me and then walked on head well as a bit ADC and it went together it was agreed with me and then walked on head well as a time to the complement of such romance of action to our intention did not change for a moment she was at first sorry for the sake of my own feelings even tho I am a very good opinion and use the form of a deeply rooted the gentleman arrived early years ago the gentleman arrived early and middle you wanted to be a little bit of receiving such emails to all the time the complement the yyyyu vin number se to mujhse contact

5 0
2 years ago
Blue Spruce Corp. uses the percentage-of-receivables basis to record bad debt expense and concludes that 2% of accounts receivab
dedylja [7]

Answer:

The adjusting journal entry would be:

Debit: Bad debts expense $5,317

Credit: Allowance for Doubtful Accounts $5,317

Explanation:

Debit: Bad debts expense $5,317

Credit: Allowance for Doubtful Accounts $5,317

Explanation of the entry:

Allowance for doubtful debts at the end of the year = $402,000 × 2% = $8,040

Credit balance at the start = $2,723

Allowance for doubtful accounts = $8,040 - $2,723 = $5,317

The Allowance for Doubtful Accounts presently has a credit balance of $2,723 and allowance for doubtful debt at the end of year is $8,040, you need to enter an additional credit amount of $5,317 into the Allowance for Doubtful Accounts. The other part of this adjusting entry will be a debit of $5,317 to Bad Debts Expense.

6 0
3 years ago
Other questions:
  • Is the state court in Nebraska obligated to follow the California Supreme Court’s decision? Explain. At least a four-sentence an
    15·1 answer
  • A rookie quarterback is negotiating his first NFL contract. His opportunity cost is 10%. He has been offered three possible 4-ye
    9·1 answer
  • Vladimir is a manager at an automotive plant in the United States. His company has realized it needs to think globally since the
    5·1 answer
  • Globalization has led toa. lower operational efficiency as firms must transport raw materials and finished goods farther. b. inc
    15·1 answer
  • The depreciation method that allocates an equal portion of the total depreciable cost for a plant asset to each unit produced is
    12·1 answer
  • Amazon offers customers customized recommendations based on previous purchases. Which of the following does this​ illustrate? A.
    12·1 answer
  • A cruise line offers a trip for dollar-sign 1800 per passenger. If at least 100 passengers sign up, the price is reduced for all
    12·1 answer
  • For each of the following shifts(A,B,C,&amp;D) in the demand curve and associated price change of a complement or substitute ite
    14·1 answer
  • General Mattress Company makes Memory Foam mattresses, a mass-market high-volume product, and Magnetic Levitation mattresses, a
    10·1 answer
  • Which of the following factors are considered when calculating GDP? I. Goods produced within a country by citizens of that count
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!