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
aliya0001 [1]
3 years ago
10

The "over-the-counter" market received its name years ago because brokerage firms would hold inventories of stocks and then sell

them by literally passing them over the counter to the buyer.
a. True
b. False
Business
1 answer:
Svetradugi [14.3K]3 years ago
5 0

Answer:

false

Explanation:

Over-the-counter refers to the process of how securities are traded for companies not listed on a formal exchange. Securities that are traded over-the-counter are traded via a dealer network as opposed to on a centralized exchange.

You might be interested in
You oversee the $250 petty cash for your company. When an employee needs a special item that is not in inventory, you take money
sergey [27]

Answer:

Since this is the first time you have ever done this, is this a problem?

Of course this is a problem, you stole money. Stealing money is not right and it is a problem. If someone finds out, you will lose your job. legally, you could also be prosecuted, but the amount is very little. Another problem is that if you are able to go unpunished and no one finds out, this behavior will continue until you cannot hide it anymore. By then , the amount might be larger, not just a few dollars, and you will be in deep trouble.

If so, what steps should be taken to fix this problem? If not, why not?

Pay back the money you took. Simple as that. Sometimes, doing the correct thing is not difficult. Do not spend money on unnecessary things and pay the $30. Do it before this becomes a bad habit and you get into serious trouble that seriously damage your career. No company will hire someone fired for stealing money form their previous employer.

8 0
3 years ago
What are business letters ​
vichka [17]
Professional letters for business
8 0
3 years ago
Many times, margin, instead of retailing price, becomes the firm's decision variable. Suppose we notice Kroger is selling Dove a
adoni [48]
Dove is about ___38%
4 0
3 years ago
A business pays weekly salaries of $30,000 on Friday for a five-day week ending on that day. The adjusting entry necessary at th
algol [13]

Answer:

debit Salaries and Wages Expense, $24,000; credit Salaries and Wages Payable, $24,000.

Explanation:

The journal entry is shown below:

Salaries and Wages Expense A/c Dr $24,000

   To Salaries and Wages Payable $24,000

(Being salary and wages is adjusted)

The computation is shown below:

Five day salary = $30,000

Per day salary = $30,000 ÷ 5 days = $6,000

Now Monday to Thursday salary i.e 4 days salary = $6,000 × 4 days = $24,000

3 0
4 years ago
2. An increase in demand is an increase in consumer willingness to
kiruha [24]

Answer:

An increase in demand is an increase in consumer willingness to. purchase moe of the good at any price.

Explanation:

4 0
3 years ago
Other questions:
  • When applying the lower of cost or market rule to inventory valuation, market generally means?
    6·1 answer
  • You auscultate the abdomen of a five year old gelding. what are you evaluating
    14·1 answer
  • Freemore Corp. projected sales for the last 6 months of next year: July $206,000 October $181,000 August 168,000 November 203,00
    6·1 answer
  • How is time like money? I have to write 3 paragraphs over how time is like money.
    9·1 answer
  • Currently, Warren Industries can sell 20 dash year​, ​$1 comma 000​-par-value bonds paying annual interest at a 9​% coupon rate.
    11·1 answer
  • A potential CB project has the following cash flows: CF0 = -$500, CF1 = $300, CF2 = $200, CF3 = $150. WACC = 6%. Compute the fol
    13·1 answer
  • What was the value proposition of Maggi in India which made it a success but not in Pakistan? What is the better value propositi
    10·2 answers
  • Your uncle repays a $300 loan from Tenth National Bank (TNB) by writing a $300 check from his TNB checking account. Assume these
    10·1 answer
  • On December 31, 2020, Plattsville Plastics recently decided to dispose of an extrusion machine. The original cost was $461,000 a
    13·1 answer
  • Notice that the marginal benefit of each additional shield decreases. explain why this would likely happen in real life.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!