Answer:
D. Recommendation to buy life insurance does not make the investment advice any less objective.
Explanation:
investment adviser representative are also regarded as financial planner are advisers that gives advice in term of financial service to firms or individual or his/ her customer
In the situation described in the question whereby, the agent recommends that a customer sell a mutual fund holding and use the proceeds to buy life insurance, then these information are needed to be disclosed to the customer
✓. Sale of the mutual fund mayor is alt in a taxable event to the customer
✓Recommendation to purchase life insurance is in no way connected to the services offered by the advisory firm
✓Agent will earn a commission on the life insurance purchased by the customer
Answer and Explanation:
The Journal entry is shown below:-
1. Cash Dr, $31,770
To Common stock $31,770
(Being issuance of shares for cash is recorded)
2. No Journal Entry is required
3. Office furniture Dr, $3,740
To Accounts payable $3,740
(Being purchase of office furniture on credit is recorded)
4. Accounts receivable $10,430
To service revenue $10,430
(Being customer billed for service is recorded)
5. Cash $185
To credit revenue $185
(Being cash received for service is recorded)
6. Accounts payable $800
To cash $800
(Being cash paid for office furniture purchased is recorded)
7. Salaries expense Dr, $3560
To cash $3560
(Being salary paid is recorded)
Answer:
The world has limited productive resources
More output satisfies More wants
Answer:
B) a decentralized structure.
Explanation:
In a decentralized organizational structure, many decision making responsibilities are delegated from upper management to middle and lower management. Most normal day-to-day decisions are made by entry level employees and lower management. The company's organizational structure is not rigid and most decisions can be made rather quickly.
(B) To verify the factual accuracy investment bankers review an equity research report prior to publication.
<h3>
What are investment bankers?</h3>
- A financial institution's investment banker is largely responsible for obtaining cash for firms, governments, or other entities.
- The investment banking industry is attractive because it pays handsomely.
- Investment bankers must have great verbal and writing communication skills, as well as the ability to work long and demanding hours.
- Prior to publication, investment bankers analyze an equities research report to ensure its accuracy.
- Large, complex financial transactions are facilitated by investment bankers.
- These transactions may include arranging for a client's acquisition, merger, or sale.
- Another duty of investment bankers is to issue securities in order to raise capital.
As the description itself says, prior to publication, investment bankers analyze an equities research report to ensure its accuracy.
Therefore, (B) to verify the factual accuracy investment bankers review an equity research report prior to publication.
Know more about investment bankers here:
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Complete question:
Under what circumstances may investment banking personnel review an equity research report prior to publication?
A) To prevent a recommendation that may alienate a client company
B) To verify its factual accuracy
C) Under no circumstances
D) To ensure a favorable recommendation
