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Evgesh-ka [11]
2 years ago
6

Maria, a certified financial planner, must also be a licensed attorney to be appointed Trustee of a bankruptcy estate. A. True B

. False
Business
1 answer:
seropon [69]2 years ago
6 0

Answer: False

Explanation:

Bankruptcy Trustees are usually lawyers and this is why people think that they must always be lawyers but this is not the case.

The United States Trustee who is an officer of the Department of Justice and the one in charge of appointing Bankruptcy Trustees, can appoint a person other than a licensed attorney to be the representative of an estate for bankruptcy related matters (trustee) such as accountants or financial planners.

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because research is blank______, it is important to figure out beforehand exactly what problem needs to be solved.
KonstantinChe [14]

Expensive and time consuming, it is important to figure out beforehand exactly what problem needs to be solved.

Research expense must be budgeted before it is incurred so that the cost is available to be borne by the company.

<h3>What is research?</h3>

Research is expense carried by the company to develop a new product if the research meet the criteria it is capitalize as intangible and it will be amortize over its useful life once the development is available for use otherwise it will expense out in profit and loss statement.

#SPJ12

Learn more about research brainly.com/question/27899054

7 0
2 years ago
The risk management approach consists of three stages. Which of these is not a stage identified in the ITIL guidance? Choose the
lawyer [7]

Answer:

The correct answer is c. Calibrate risks .

Explanation:

Risk management is the process of planning, organization, management and control of the human and material resources of an organization, in order to minimize or exploit the risks and uncertainties of the organization.

Uncertainties represent risks and opportunities with the potential to destroy or create value. The company's risk management allows managers to effectively address uncertainties as well as the risks and opportunities associated with them, in order to improve the ability to generate value.

Value is maximized when the organization establishes strategies and objectives to achieve the ideal balance between growth objectives, return on investment and the risks associated with them, and to explore its resources effectively and efficiently in achieving the organization's objectives. .

3 0
3 years ago
On September 1, a company established a petty cash fund of $230. On September 10, the petty cash fund was replenished when there
storchak [24]

Answer:

September 1, petty cash fund is established

Dr Petty cash fund 230

    Cr Cash 230

September 10, petty cash expenses

Dr Supplies expense 53

Dr Postage expense 80

Dr Cash short and over 16

    Cr Petty cash fund 149

September 10, petty cash is replenished

Dr Petty cash fund 149

    Cr Cash 149

September 15, petty cash fund in increased

Dr Petty cash fund 90

    Cr Cash 90

   

3 0
2 years ago
Morgan Stanley's wealth management unit offers to invest profits of $750,000 made by an artist on a world tour at 7% compounded
Elden [556K]

Answer:

$171,941

Explanation:

Cash out = $921,941. 2. Interest earned by the investment = $171,941.

4 0
2 years ago
Suppose there is a large increase in the money supply in an economy that previously had low inflation. As a consequence, aggrega
hoa [83]

Answer:

It illustrates that the classical model of the price level best applies to economies with persistently high inflation.

Explanation:

When a very low inflation rate has been constant in an economy, and the money supply increases suddenly, in the short run that change will not immediately increase the inflation rate, but instead it will increase real output.

Classical economists argue that an increase in the money supply will immediately affect the inflation rate, but that theory applies mostly to economies that have a certain level of inflation. For example, for the past 12 years, European nations have been experiencing very low inflation rates, sometimes even negative rates. But during that same period, the European Central Bank has carried on a huge expansionary policy. It favored economic growth, although not as much as expected, but it didn't skyrocket inflation rate as the classical economy model predicted.

3 0
3 years ago
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