When you purchase a mutual fund you:
(B)
invest in a group of stocks and bonds that an expert selects
Explanation:
Investing in mutual fund is basically about investing money with an investor who will then put the money into the market such that there is less chance of loss to either parties and there is a sustained growth over a long period of time.
This is a more safe strategy for those who do not understand the market or are afraid of stocks that can be volatile.
Here the chances of loss are low because the investment is in a fund that will grow
The answer is B if that is the correct one
Answer:
The number one expectation is that the job uses people's abilities to the best, and makes them feel accomplished.
One possible explanation for this is Maslow's hierarchy of needs, in which the need of self-accomplishment is at the top, meaning that this is the need of the highest order.
If people feel that they are achieving self-accomplishment in their jobs, then, it is very likely that they enjoy it.
Answer:
The omission of this entry understated accrued liabilites. given that the related inventory was sold in year 1, it aslo overstated net income and retained earnings by understating cost of goods sold, the same effects would occur if the insurance costs were chargeable to expense as a period cost
Explanation:
Rules specify that contingent liabilities should be recorded in the accounts when it is probable that the future event will occur and the amount of the liability can be reasonably estimated. This means that a loss would be recorded (debit) and a liability established (credit) in advance of the settlement.
