Answer:
1. As the RR, you should start acquiring all of the information needed to open the account from each joint owner.
2. Prior to purchasing the desired mutual fund, you should sit down with both joint owners and discuss the various risks associated with the investment.
Explanation:
In this situation, the RR must get all the relevant and important information that concerns opening the account and should also tell them the risks involved investing in such fund.
The RR should not just refuse to open the account because of risk he is not responsible for discussing what it means to open a JTWROS account.
Instead The RR has it as a duty to explain the implications of the JTWROS account to the client and her boyfriend
Answer: The answer is C. Inspection requires both product tear down and product reassembly.
Explanation: The aim of quality-control inspections is to ascertain whether a product has been made according to specifications, and whether there are any defects in the products.
Therefore quality-control inspections will involve product tear down, in order to check the component parts of a product for quality assurance, and product reassembly is carried out after the product tear down to reassemble the products if it is discovered that it meets quality standard.
The standardized deficit <span>is the difference between annual government expenditures and revenues.
This calculation is made on the assumption that the market is on full employment. The difference between expenditures and revenues in this matter could be used to determine whether the government has run its operations efficiently or not.</span>
Answer: A. Debit to Unearned Consulting Fees for $1,200
Explanation:
Following the information given in the question, Vinfast Co. receives $3,600 cash from FPT Co. for consulting services to be provided evenly over the period November 1, 2021, to April 30, 2022.
Since we want to know the adjusting entry on December 31, 2021, a period form November 1, 2021 to December 31, 2021 is a period of two months out of the 6 months period. Therefore, the unearned consultancy fee will be:
= $3600 × 2/6
= $1200
Therefore, there'll be a debit to the unearned consulting Fees for $1,200. Also, there'll be a credit to the consulting fees earned account by $1200.
Answer: Lower
Explanation: A shortage occurs when there are less available in the market. When the current price is less than the equilibrium price, the demand for the good is greater than the supply for the good. When demand is more than supply, the buyers are unable to get the goods they want. Thus, there is a shortage in the market.
Thus, if a shortage exists in the hamburger market, then the current price must be <em>lower </em>than the equilibrium price.
