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atroni [7]
4 years ago
6

"A customer wishes to open an account at a FINRA member firm, but wishes his identity to remain hidden to the employees at the b

ranch office. Which statement is TRUE?"
Business
1 answer:
Maslowich4 years ago
4 0

Complete Question:

A customer wishes to open an account at a FINRA member firm, but wishes his identity to remain hidden to the employees at the branch office. Which statement is TRUE?

Group of answer choices

A. The customer's request cannot be accommodated

B. The customer must apply to FINRA to open such an account

C. The customer must sign a statement attesting to account ownership for such a request to be honored

D. The customer must submit a photo identification to open such an account

Answer:

C. The customer must sign a statement attesting to account ownership for such a request to be honored.

Explanation:

When a customer wishes to open an account at a Financial Industry Regulatory Authority (FINRA) member firm, but wishes his identity to remain hidden to the employees at the branch office. The customer must sign a statement attesting to account ownership for such a request to be honored. This simply means that, according to the policy of the Financial Industry Regulatory Authority, it is required that the customer signs a statement which expressly states or attests to the fact that he is the sole owner of the account.

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If your business earns​ $20,000 in​ revenues, has explicit costs of​ $7,000, and implicit costs of​ $5,000, your accounting prof
iogann1982 [59]

Answer:

Accounting profit is $13,000.

Explanation:

Given information:

Total Revenues = $20,000

Explicit costs =​ $7,000

Implicit costs =​ $5,000

The formula for accounting profit is

Accounting profit = Total revenues - Explicit costs

Substitute the given values in the above formula.

Accounting profit =  $20,000 - $7,000

                             =  $13,000

Therefore, the accounting profit is $13,000.

7 0
3 years ago
A local pizzeria hires college students to make pizza, wait on tables, take phone orders, and deliver pizzas. For each situation
Colt1911 [192]

The demand for pizza increases because In this task, we need to explain whether the demand for student employees would increase, decrease or remain constant in different scenarios.

Demand for labor is the total demand for working hours (workers) that is derived from the demand of a firm's total output.

Cost of employees increases because the minimum wage rises

Therefore, when the minimum wage for student employees increases, the marginal cost of labor increases.

<u>Therefore, the </u><u>demand </u><u>for student employees would decrease.</u>

<h3>what is Demand ?</h3>
  • Demand refers to the consumer's desire to purchase a particular product or service.
  • Market demand is the demand for a particular good in the market.
  • Aggregate demand refers to the overall demand for goods and services in any economy.
  • The matching of supply and demand determines the price of goods or services, Understanding the concept of demand.
  • Demand is an economic concept that refers to consumers' desire to purchase goods and services and their willingness to pay a particular price for them.
  • The Law of Demand is an economic principle that  consumer demand for a commodity increases when prices fall and decreases when prices rise.
  • The law of demand comes into play during Black Friday sales, when consumers rush to buy products at deep discounts.

to learn more about Demand  from the given link :

brainly.com/question/14456267

#SPJ4

4 0
2 years ago
Which type of bank account typically offers the least (if
seropon [69]

Answer:

The answer is Checking account.

Explanation:

Traditionally, checking accounts are non interest bearing accounts that are primarily used for transactions and to pay expenses. Also the accounts allow cheques to be 7sed in the transactions as well.

However, there are special cases where checking accounts receive a small interest.

4 0
4 years ago
Read 2 more answers
Jeb separated people who wanted aâ high-quality car from people who wanted aâ low-priced car, then saw whether different charact
KATRIN_1 [288]
<span>Jeb was defining segments using DEMOGRAPHIC considerations.

There are 4 types of segmentation.
1) Geographic
2) Demographic
3) Psychographic
4) Behavioral

Demographic segmentation considers who the customers are. Data that are required to be collected to know who the customers are 1) age, 2) gender, 3) income, 4) social class, 5) religion, and 6) race or family life cycle.

People who want high quality car are usually big income earners. People who wants low-priced cars are usually small income earners or even students who just got their drivers license. 


</span><span>
</span>
3 0
3 years ago
Solve for the unknown number of years in each of the following (Enter rounded answers as directed, but do not use rounded number
marishachu [46]

Answer:

a)   7.627144987

b)   5.605222315

c)  20.04031392

d)  10.17644951

Explanation:

We need to solve for years starting from the future value of a lump sum formula:

PV(1+r)^n=FV\\

We use logarithmics properties and solve:

(1+r)^n=FV/PV\\\\log_{1+r}(FV/PV) = n\\\\n = \frac{log FV/PV}{log (1+r)}

a)

log(1655/800)/log1.1 = n

7.627144987

b)

log(4250/2491)/log1.08 = n

5.605222315

c)

log(392620/33905)/log1.13 = n

20.04031392

d)

log(214844/33600)/log1.20 = n

10.17644951

5 0
3 years ago
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