Answer:
According to the Uniform Securities Act it is unlawful for an investment adviser to tell a client that the administrator is explained below in details.
Explanation:
Any investment adviser needed to be enrolled to employ an investment adviser spokesperson unless the investment adviser spokesperson is enrolled following this act, present that the enrollment of an investment adviser spokesperson is not valid throughout any period when he is not contracted by an investment adviser recorded under this act.
Answer:
A. Brice has caused Susie to experience duress
Explanation:
Based on the information given BRICE HAS CAUSED SUSIE TO EXPERIENCE DURESS is true regarding Brice's attempt to obtain additional fees based on the fact Brice is threatening , Forcing and persuading Susie to do things against her will by threatening to report her due to her failure to pay income tax because she said that Brice does not have the legal right to obtain the money from the estate unless she kept her mouth shut and agree to the terms of the contract, which inturn makes Brice to attempt to collect additional fees based on Sam divorce case in return for not reporting her.
The deduction in the year of purchase for E&P purposes due to the acquisition and expensing of the equipment is: <u>$3,000</u>.
<u>Explanation</u>:
E&P refers to accumulated earnings and profits in accounting term. The term was commonly related with the stockholders of corporations. Accumulated earnings and profits are generally calculated by obtaining the net profit of the company after paying dividends to the stockholders.
The economic ability of the corporation can be measured through E&P. In the above scenario, the Boxer Corporation purchases equipment for $15000 with seven-year of class life. This purchase comes under the <u>Sec.179</u>. The deduction in the year of purchase for E&P purposes will be $3000 for Boxer Corporation.
The purpose of using different techniques in measuring or determining the quantities or measures such as densities is that it is important to be able to have basis and to make sure that the value you get is accurate-- even with the two different techniques used. This will help in comparing two variables and to understand whether the values you received are precise and accurate.
Answer: D. Whether the gift was reasonable in the circumstances
Explanation:
One of the code of American Institute of Certified Public Accountants is that members should maintain their integrity and be objective in carrying out their duties.
In the situation above, the major consideration should be whether or not the gift is appropriate and reasonable in the circumstances.
