Prudent investor rule Study guides, Class notes & Summaries

SPHR Final Practice Test 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, it ...

When is Presentment Excused - ANSWER-1. if the person entitled to present cannot with reasonable diligence do so 2. the maker or acceptor has repudiated the obligation to pay or is dead or insolvent 3. by the instrument's terms, presentment is unnecessary 4. the obligor has waived presentment or 5. the drawer instructed the drawee What is includable in partnership property? - ANSWER-- property deemed to be partnership property -property presumed to be partnership property - property pr...

CTFA - Financial Planning Questions with complete Answers 2023 Asset Allocation should conform to an individual's _____________ risk tolerance A springing durable power of attorney is effective only on a _____________________ conditional event What is the minimum age for receiving Social Security benefits? 62 Assume Greg inherits stock from his father that he purchased at $50 per share and it appreciated to $75 per share by the date of his father's death. At the time t...

Auditing Exam 1|359 Questions with Verified Answers 1. Which of the following would be considered an assurance engagement? a. Giving an opinion on a prize promoter's claims about the amount of sweepstakes prizes awarded in the past. b. Giving an opinion on the conformity of the financial statements of a university with generally accepted accounting principles. c. Giving an opinion on the fair presentation of a newspaper's circulation data. d. Giving assurance about the average drive len...

784 SIE FINRA Exam Questions and Answers The Federal regulatory body that governs the securities industry is: >>>The SEC A fully disclosed BD: >>>is an inducing firm clearing its transactions through a carrying firm An intermediary between the buy and sell sides of a transaction is known as >>>a clearing agent For the Depository Trust and Clearing Corporation (DTCC), all of the following are true EXCEPT: a. it is a member of the Federal Reserve System b. ...

WGU C214 Financial Management Concepts Practice Exam 2024, With Complete Solution The matching principle in accrual accounting requires that: a. Expenses are matched to revenue recognition. b. Expenses are matched to the year in which they are incurred c. Revenues are matched to the year in which they are booked d. Revenues should be large enough to match expenses a The addition to retained earnings each year is: a. Net Income b. Net Income minus dividends c. Net Income plus dividend...

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...

CTP Exam 1 Practice Questions (Answered) 100% Correct Over the past 3 years XYZ Company has expanded into multiple countries and significantly grown its banking relationships. The company now incurs significant expenses related to payment transaction costs and maintaining multiple bank connections. What shoudl the company use to cobat these rising costs. A. SWIFT network B. ACH Network C. CHIPS network D. TARGET 2 *ANS* A An Instrument that gives the right to buy a stated number of...

Investment Policy Functions - Correct Answer-1. Statement of goals 2. Articulating the investment philosophy and risk tolerance 3. Demonstrates due diligence b/c the system follows a prudent set of procedures 4. Established internal controls 5. Provides guidance to staff and third parties 6. Risk management tool Typical Provisions of an Investment Policy - Correct Answer-1. Statement of goal(s), purpose, or mission 2. Identification of decision maker(s) 3. Statement of performance me...

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...