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harina [27]
3 years ago
5

Immunization is not a strictly passive strategy because __________. Group of answer choices B. there is likely to be a gap betwe

en the values of assets and liabilities in most portfolios A. it requires choosing an asset portfolio that matches an index D. durations of assets and liabilities fall at the same rate C. it requires frequent rebalancing as maturities and interest rates change
Business
1 answer:
I am Lyosha [343]3 years ago
3 0

Answer:

C. it requires frequent rebalancing as maturities and interest rates change

Explanation:

Immunization strategy involves mitigation of the risk and it does so by matching the asset and liability against the changes in the interest rates.

The strategy is not passive as this is done by continuous rebalancing as maturities and interest rates change.

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A rectangular crate has the dimensions of 32.1 inches by 28.2 inches by 1 foot.
notsponge [240]
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This is the Answer just did it with my teacher and said it was right

5 0
3 years ago
A. M&R Company provided $2,000 in services to customers that are expected to pay the company sometime in January following t
AleksAgata [21]

Answer and Explanation:

The Journal entries are shown below:-

a. Accounts receivable Dr, $2,000  

          To Service revenue $2,000

(Being service revenue is recorded)

b. Wages expenses Dr, $1,000  

          To Wages payable $1,000

(Being wage expenses is recorded)

c. Interest expenses Dr, $400  

    To Interest payable $400

(Being interest expenses is recorded)

d. Lawn service expenses $500  

    To Accounts payable $500

(Being lawn service expenses is recorded)

e. Interest receivable $200  

     To Interest revenue $200

(Being interest revenue is recorded)

f. Salaries expenses $900  

     Salaries payable $900

(Being salary expenses is recorded)

3 0
4 years ago
A group becomes a team when:A. a clear leader is identified.B. the group reaches the norming stage of group development.C. accou
mr Goodwill [35]

A group becomes a team when C. accountability shifts from strictly individual to both individual and collective.

All of the choices can be used to identify a team over a group but when the accountability shifts from one person to both the individual and group. A team is when a group of people work together and effectively finish their tasks. Working as a team helps build moral but also make sure that everyone is an active participant in the task.

4 0
4 years ago
Several years ago, The Wall Street Journal reported that the winner of the Massachusetts State Lottery prize had the misfortune
lorasvet [3.4K]

Answer:

the present value of the annuity = $4,523,638

Explanation:

this is an ordinary annuity:

annual payment = $9,420,713 / 20 = $471,035.65

number of periods = 19 periods

interest rate = 8%

therefore, the present value annuity factor = 9.6036

the present value of the annuity = $471,035.65 x 9.6036 = $4,523,637.97 ≈ $4,523,638

4 0
3 years ago
michael was on the abc accounting firm's audit team for the rasmussen corporation audit. rasmussen's officers were so impressed
nirvana33 [79]

In order to preserve independence, Michael must "Remove himself from the engagement as he considers the offer." (Option B). It is to be noted that this is an internal control problem.

<h3>What is Independence in this case?</h3>

The absence of situations that jeopardize the internal audit activity's capacity to carry out internal audit tasks objectively is called Independence.

Practically, independence is achieved by ensuring that the internal audit activity has no management control for any of the organization's non-audit functions that are subject to internal audit assessments, and by distancing the internal audit activity's management from the functional oversight of the organization's senior management.

Learn more about internal control:
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Full Question:

Michael was on the ABC Accounting Firm's audit team for the Rasmussen Corporation audit. Rasmussen's officers were so impressed with Michael that they offered him a job as Director of Internal Audit at Rasmussen. What should Michael do in order to preserve independence?

A) Tell his superiors as soon as he has decided whether or not to accept the offer.

B) Remove himself from the engagement as he considers the offer.

C) Pray for divine guidance.

D) If he decides to reject the offer, remove himself permanently from the engagement.

6 0
2 years ago
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