When does accrual basis accounting record a transaction? When under new ownership.
Answer: A
Explanation: Just passed the test:)
Answer:
4
Explanation:
Formula: 1 / Reserve money ratio -> 1 / 0.25 = 4
Answer: B
Explanation: taking the test rn and I got it right
Answer: Permitted if the price offered by the Third Market Maker is better.
Explanation:
The Securities and Exchange Commission (SEC) requires that when executing trades, the trader should seek for execution at the <em>best market</em>. This means that the trader should trade in the market that is most price efficient.
Should the stock in question be available for trade in various markets, best practice would indicate that the dealer find the market that is offering the best prices and route the order to it.
