However, if you instruct a custodian or third party to transfer the money and you hold a check made by the client and payable to the advisor, the advisor will keep the client's money.
SEC-registered investment advisors who hold client funds or securities in custody are required to protect those funds under the SEC's custody rules. Custody Rules provide investors with additional protection against theft or embezzlement by investment advisors,
Managers of private equity funds and other private investment funds registered as investment advisers with the Securities and Exchange Commission (SEC) under the Investment Advisers Act of 1940 (the Advisers Act) are subject to regulation 206(4). -2 must be adhered to. custody rules.
Learn more about adviser at
brainly.com/question/13628349
#SPJ4
Answer:
For every $1.00 spent in manufacturing, another $2.79 is added to the economy
Explanation:
hope this helps
Answer:
Explanation:
Inputs are the factors required for production to take place. They may include labor and raw materials. In economics, inputs are the four factors of production that include land, labor, entrepreneurship, and capital.
The final cost of a product is dependent on the costs of production. The cost of production is an aggregation of the cost of each input used in the production. For a company to stay in operation, it must meet all its production costs. These costs are spread to each unit produced. A high production cost will result in an expensive product. Should the cost of any of the input increase, then the overall cost of the products will rise.
Option A
this scenario best illustrates Line authority features of a traditional organizational structure
<u>Explanation:</u>
Line authority is the authority given to someone in a supervisory position to mandate works by assistants. This power is provided so that a company can accomplish its fixed purposes and intentions.
The line of authority within a business practice who is in command of presenting who orders, and it provides to the practical accomplishment of the company's purposes when the property is practiced. People undeviatingly liable for these areas within the company are selected line authority to support them in achieving their necessary actions.
Answer: The performance evaluation of a profit center is typically based on its segment margin.
Explanation: The segment margin is the amount of net profit or loss that is generated by a set portion of a business. When a business conducts segment margin analysis, they are able to determine which parts of the business are thriving and which parts of the business need help.
