Answer: Her actions are inconsistent with the advice being given to her clients and this must be disclosed
Explanation:
Since the registered investment adviser often recommends real estate limited partnership investments to her wealthy clients but she never buys limited partnership units for her personal account.
This shows that her actions are inconsistent with the advice being given to her clients and this must be disclosed.
Answer:
Business to business(B2B), Business to business(B2B)
Explanation:
B2B companies are supportive enterprises that offer the things other businesses need to operate and grow. It is a business transaction that take place among two business owners where one offers his platform to push the product of the other in return for a commission or certain percent cut.
The answer would be a general ledger
Answer:
The correct answer is A
Required reserve is $1,300
Excess reserve is $700
Explanation:
Excess reserve is the capital reserve that is held by the financial institutions or the banks in excess or more of what is needed by the creditors, internal controls or the regulators.
So, it is the reserves banks need to keep above the legal requirements.
The required reserve is computed as:
Required reserve = Reserve ratio × Deposits
= 13% × 10,000
= $1,300
Excess reserve is computed as:
Excess reserve = Reserves - Required reserve
= $2,000 - $1,300
= $ 700
