Prudent investor rule Study guides, Class notes & Summaries

CPH Exam 230 Questions with Verified Answers When are suitability requirements not applicable? - CORRECT ANSWER For brokers who do not provide investment advice or operate as a separate legal entity How is a new product approved? - CORRECT ANSWER After review from the New product Committee What are the ethical principles for a code of ethics? - CORRECT ANSWER Trust, integrity, justice, fairness, and honesty What are the 5 Standards of Conduct? - CORRECT ANSWER Duty of Care, Tru...

WGU C214 OA Financial Management. What is included in the Income Statement and NOT in the Statement of Cash Flows? - Depreciation Expense Computation of Net Income: A co. sold products in 2014 for $120k and collected $100k cash and remainder in 2015. Co. incurred $70k expenses for 2014 and paid $100k which included $30k for expenses incurred in 2013. What is net income for 2014? - Computation of Net Income (R-E=NI) $50,000 Net Income = $120k - $70k = $50k, or Revenues - Expenses Incurre...

A 68 year-old client of yours indicates that he is interested in changing the portfolio mix of his IRA to become largely invested in noninvestment grade bonds. You would probably infer from this that the client: - ANSWER-A) has insufficient retirement savings. Most studies have indicated that seniors with insufficient retirement savings attempt to compensate by being tempted to reach for higher yields to maximize retirement income without full consideration of the increased risk that comes a...

SHRM CP EXAM QUESTIONS AND ANSWERS 2023, Graded A+ Career Planning Actions & activities that individuals perform in order to give direction to their work lives. Brain drain Exit of educated & skilled citizens from emerging & developing countries for better paying jobs in developed countries. Auditory learners People who learn best by relying on their sense of hearing. Andragogy Study of how adults learn. Cost-of-living adjustment (COLA) Pay adjustment given to e...

Career Planning - Answer Actions & activities that individuals perform in order to give direction to their work lives. Brain drain - Answer Exit of educated & skilled citizens from emerging & developing countries for better paying jobs in developed countries. Auditory learners - Answer People who learn best by relying on their sense of hearing. Andragogy - Answer Study of how adults learn. Cost-of-living adjustment (COLA) - Answer Pay adjustment given to eligible employees regardless...

1. The goal of the corporation is to: a. Maximize profits b. Maximize market share c. Maximize stock price d. Minimize risk - Correct answer-c. Maximize stock price 2. Risk premium is best described as a. Return on risky securities b. Compensation for risk-taking c. Return on stocks d. Expected return on securities - Correct answer-b. Compensation for risk-taking 3. What is the relationship between risk and required return? a. The two are independent b. Higher required return causes ...

SHRM CP EXAM 398 Questions with Verified Answers Career Planning - CORRECT ANSWER Actions & activities that individuals perform in order to give direction to their work lives. Brain drain - CORRECT ANSWER Exit of educated & skilled citizens from emerging & developing countries for better paying jobs in developed countries. Auditory learners - CORRECT ANSWER People who learn best by relying on their sense of hearing. Andragogy - CORRECT ANSWER Study of how adults learn. Cost-of-liv...

CFA Level 1 Terms Exam 234 Questions with Answers 2023 Standard 1A: Knowledge of the Law - CORRECT ANSWER Members and Candidates must understand and comply with all applicable laws, rules, and regulations (including the CFA Institute Code of Ethics and Standards of Professional Conduct) of any government, regulatory organization, licensing agency, or professional association governing professional activities. In the event of a conflict, Members and Candidates must comply with the more str...

Career Planning - Correct answer-Actions & activities that individuals perform in order to give direction to their work lives. Brain drain - Correct answer-Exit of educated & skilled citizens from emerging & developing countries for better paying jobs in developed countries. Auditory learners - Correct answer-People who learn best by relying on their sense of hearing. Andragogy - Correct answer-Study of how adults learn. Cost-of-living adjustment (COLA) - Correct answer-Pay adjustment giv...

Final Practice Test for SPHR 116 Questions with Verified Answers By defining its organizational values, and organization a. avoids ethical complications b. will be in compliance with employment law c. demonstrates what employees must do to succeed in the d. provides a guideline for employee Behavior - CORRECT ANSWER provides a guideline for employee Behavior In conducting its SWOT analysis, a strategic planning team list the skills and knowledge of its employees as a strength however, ...