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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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Planners & Builders, Inc., enters into a contract with O’Reilly to refurbish a garage on his property as an auto repair shop
bazaltina [42]

Answer:

a. discharged.

Explanation:

Based on the scenario it can be said that after the court order, O’Reilly’s contract with Planners & Builders is officially discharged. In the context of the law, a discharged contract is a contract or agreement that has been terminated or made null. This can happen due to many reasons, such as fulfillment of a contract, inability to fulfill one parties duties, Bankruptcy, etc. In this case it was due to a court order.

5 0
3 years ago
What is the term used to describe a design created to represent a company or
Sedaia [141]
The answer is C. Logo
4 0
3 years ago
Sailmaster makes high-performance sails for competitive windsurfers. Below is information about the inputs and outputs for one m
Llana [10]

Answer:

3.69

Explanation:

We know,

The productivity in sales revenue/labor expense = \frac{sales revenue}{labor expense}

Given,

Sales revenue = Units sold × Sale price per unit

Sales revenue = 1,217 units × $1,700

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labor expense = Total labor hours × wage rate per hour

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labor expense = $560,064

Putting the values into the formula, We can get,

The productivity in sales revenue/labor expense =  \frac{2,068,900}{560,064}

The productivity in sales revenue/labor expense = 3.69

5 0
4 years ago
Which businesses are in monopolistic competition?
kvv77 [185]
The restaurant business.
Hotels and pubs.
General specialist retailing.
Consumer services, such as hairdressing.
4 0
3 years ago
While conducting an audit of a new nonissuer client, an auditor discovers that accounting policies applied in relation to the fi
Marat540 [252]

Answer:

A) Obtain sufficient appropriate evidence about whether changes in the accounting policies have been appropriately accounted for and adequately presented and disclosed in accordance with the applicable financial reporting framework.

Explanation:

When such things happen, the auditor must search more information regarding the accounting policies and must evaluate if the company's accountants adopted accounting policies that are legal and adjust to applicable financial reporting (e.g. GAAP in the US). The auditor must also try to determine the effects of the applied policies and if all proper disclosures have been included or not. The auditor should also try to determine why the company's accounting department did that and how do they justify it.

3 0
3 years ago
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