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yaroslaw [1]
3 years ago
7

under FINRA rules, numbered accounts are: A prohibited B permitted with the prior approval of FINRA C permitted if the firm main

tains a written statement of the customer attesting to ownership D permitted without any additional supporting documentation
Business
1 answer:
Fofino [41]3 years ago
6 0

Answer:

C permitted if the firm maintains a written statement of the customer attesting to ownership

Explanation:

FINRA can be regarded as body which carry out regulation of trading in corporate bonds, as well in equities, and securities futures. All firms that deals with securities are

usually member of FINRA.One of FINRA requirements is that

maintaining an accounts should be in

customer name a numbered account can be maintained in case the firm leave a written statement by the customer in a file which attest to ownership.It should be noted that under FINRA rules, numbered accounts are permitted if the firm maintains a written statement of the customer attesting to ownership.

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Prepare the issuer’s journal entry for each of the following separate transactions.
galben [10]

Answer:

The Journal entries are as follows:

(i) On March 1,

Cash A/c              Dr. $297,500

To common stock (42,500 × $4)               $170,000                      

To paid in capital in excess of par value   $127,500

(To record the issuance of common stock)

(ii) On April 1,

Cash A/c              Dr. $70,000

To common stock                   $70,000  

(To issue no-par value common stock)

(iii) On April 6,

Inventory A/c     Dr. $45,000

Machinery A/c    Dr. $145,000

To common stock (2,000 × $25)               $50,000                      

To paid in capital in excess of par value   $46,000

To Note payable                                          $94,000

(To record the issuance of common stock)

4 0
3 years ago
1. describe the it architecture (both type of it architecture and its information system parts) at pepsiamericas before its cust
Liono4ka [1.6K]

Answer:

Information technology achitecture can be defined as a detailed description of the various information processing assets that is needed to achieve business objectives.

Explanation:

In our world today, businesses thrive on information. Information technology achitecture focuses on three basic tiers in an organization which are the server, middleware and client.

At PepsiAmericas, the next Gen initiative convinced executives that they needed to drive value from technology intiatives. Technology provided a common plartform for standardized business processes.

The first initiative by Johnsen created an IT governance board which included the ceo Robert pohland and the coo ken keiser.

Pepsi Americas recognised the achitectural and structural difference between each of its subsidiaries and itself.

On the otherhand, Operational excellence can be defined as the provision of reliable products and services to customers at competitive prices. whereas customer intimacy is targeting and segmenting markets and offers matching exactly to the demands of the niche.

Operational excellence means to strip off operational cost so as to deliver competitive price.

Pepsi Americas employees realised that driver turnover were no longer important. and that recessions would require that operations would change. Therefore, pepsiAmericas had to reevaluate their operations as demand was reducing and had to find a way not to waste resources.

8 0
3 years ago
What is a graphic description of a process, showing the sequence of process tasks, which is developed for a specific purpose and
borishaifa [10]
The correct answer is:  [C]:  "business process model" .
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8 0
3 years ago
What are some reasons why the budget deficit and non budgeted spending have been adding more than $500 billion to the national d
bogdanovich [222]
There are numerous reasons, things like war, immigration, increased poverty, or things like unpredictable natural disasters. When a hurricane strikes and destroys entire cities and housing it has to be fixed quickly and that is spending that was not planned since you can't expect things like that. Wars often cost much more than what was planned because bad things happen and they need to be fixed. Immigration can lead to an increase in social welfare spending since not all immigrants find a job quickly and establish themselves in the society.
6 0
3 years ago
The human genome project, which got under way in 1990, is an international effort to ________.
beks73 [17]
Determine the sequence of the human DNA.

Hope this helps!
7 0
3 years ago
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