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satela [25.4K]
3 years ago
11

After meeting with your new client, you prepared his statement of financial position and pie charts. Which part of the financial

planning process were you engaged in? Developing the financial planning recommendations. Identifying and selecting goals. Analyzing the client's personal and financial circumstances. Presenting the financial plan recommendations
Business
1 answer:
yuradex [85]3 years ago
8 0

Answer:

Analyzing the client's personal and financial circumstances.

Explanation:

The Financial Planning process is the process involved in planning and formulating certain strategies for the client. The professionals' design plannings and strategies based on the financial situation of the client. They consider every aspect of the financial situation of the client. There is a total of six steps involved in the planning process. Analyzing and evaluating the financial status of the client comes under the third step.

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Riverrun Co. provides medical care and insurance benefits to its retirees. In the current year, Riverrun agrees to pay $31,500 f
salantis [7]

Answer:

Date                     Details                                                Debit               Credit

December 31,      Employee benefits expense            $41,150

                             Medical insurance payable                                    $31,500

                             Employee Retirement program                             $9,650

                             payable

Working

= 31,500 + 9,650

= $41,150

7 0
3 years ago
The following list shows the items and prices for a restaurant order. Calculate the total amount if there is a 7% tax and the cu
Shalnov [3]

Total Amount

Explanation:

Total Amount -  $65.10

1 appetizer: $7.39=7.39

2 entrees: $16.99 each=  2 * 16.99=33.98

1 dessert: $5.29= 5.29

2 drinks: $2.30 each=4.6

cost = 7.39 + 33.98 + 5.29 + 4.6 =$51.26

7% tax = 51.26 * 0.07 = 3.5882

20% gratuity = 51.26 * 0.2= 10.252

Total cost = 51.26 + 3.5882 + 10.252 =65.1002

the total amount = $65.1

7 0
3 years ago
Which factor is a component of verbal communication? appearance tone of voice pronunciation proximity to the person to whom you
Art [367]
Please explain the question a little more, or what the answer are to pick from.
4 0
3 years ago
Crane Company has a materials price standard of $2.00 per pound. 4000 pounds of materials were purchased at $2.20 a pound. The a
Bezzdna [24]

Answer:

$2,000 (Unfavorable)

Explanation:

Given that,

Actual Quantity = 4000 pounds of materials

Actual Rate = $2.20 a pound

Standard Quantity = 3,400 pounds

Standard Rate = $2 per pound

Total Materials price Variance:

= (Actual Quantity × Actual Rate) - (Standard Quantity × Standard Rate)

= (4,000 × $2.20) - (3,400 × $2)

= $8,800 - $6,800

= $2,000 (Unfavorable)

3 0
3 years ago
New oak tables are normal goods. What would happen to the equilibrium price and quantity in the market for oak tables if the pri
eduard

Answer:

Price will RISE, and the effect on quantity is ambiguous.

Explanation:

Based on the scenario being described within the question it can be said that this would most likely cause prices to rise, while the effect on quantity is ambigious, meaning that it depends on many different factors and point of views. Mainly prices will rise due to all the material costs needed in the production of oak tables rising.

3 0
4 years ago
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