Fiduciary funds Study guides, Class notes & Summaries
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LML4806 PORTFOLIO MEMO - MAY/JUNE 2023 - SEMESTER 1 - UNISA (DETAILED MEMO - DISTINCTION GUARANTEED!)
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LML4806 PORTFOLIO MEMO - MAY/JUNE 2023 - SEMESTER 1 - UNISA (DETAILED MEMO - DISTINCTION GUARANTEED!) 
 
QUESTION 1 
 
1.1	The Memorandum of Incorporation of Generators Unlimited (Pty) Ltd provides that only the board of directors, or any director authorised by the board, has the power to conclude contracts on behalf of the company. It also states that any transaction that exceeds R10 million must first be authorised by the company’s shareholders at a general meeting by way of an ordinary reso...
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RECA Fundamentals of Mortgage Brokerage 2023 Exam
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Which of the following is part of RECA's commitment to consumer protection? - AnswerWhat are some benefits that mortgage brokerage trade associations offer their 
members? - Answer- Licensing Standards for mortgage industry members 
Which entity has the authority to amend the Act? - Answer- Provincial Legislators 
Which of the following represents an accountability mechanism that RECA must comply 
with under the Act? - Answer- Previous Fiscal year 
In addition to mortgage brokerage trade associ...
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CFA ESG - Mock Exam Qestions With Verified Answers
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Which of the following is a governance issue? 
 
A. Tax transparency 
B. Health and safety 
C. Working conditions - Answer A is correct because "[e]xamples of the definition and scope of ESG issues can be illustrated by the two widely-referenced organisations...Tax Transparency [falls under the umbrella of] Governance". 
 
B is incorrect because "[e]xamples of the definition and scope of ESG issues can be illustrated by the two widely-referenced organisations...Health & Safety [falls under th...
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CDFM - Module 3 questions with complete solutions 2022/2023
- Exam (elaborations) • 32 pages • 2022
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CDFM - Module 3 questions with complete solutions 2022/2023What are the three tests that must be met for use of the Necessary Expense doctrine? 
Must bear a logical relationship 
Not prohibited by law 
Not funded elsewhere 
(p 3.1.17) 
 
 
 
Who grants relief of liability to a certifying officer for erroneous or illegal payments in the Department of Defense? 
The Defense Finance and Accounting Service (DFAS) 
(p. 3.1.51) 
 
 
 
What type of budgetary resources remains available for new obligatio...
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primerica exam review Questions and Answers 2023
- Exam (elaborations) • 26 pages • 2023
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primerica exam review Questions and Answers 2023 
If an insurer meets the state's financial requirements and is approved to transact business in the state, it is considered to be 
Authorized 
 
 
 
A participating insurance policy may do which of the following? 
Pay dividends to the policy owner 
 
 
 
An insured owns a life insurance policy. To be able to pay some of her medical bills, she withdraws a portion of the policy's cash value. There is a limit for a withdrawal and the insurer charge...
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16 MAY 2023 EXAM ANSWERS - COMPANY LAW LML4806
- Exam (elaborations) • 12 pages • 2023
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QUESTION 1 [20] 
1.1 The Memorandum of Incorporation of Generators Unlimited (Pty) Ltd provides that only the 
board of directors, or any director authorised by the board, has the power to conclude contracts 
on behalf of the company. It also states that any transaction that exceeds R10 million must first 
be authorised by the company’s shareholders at a general meeting by way of an ordinary 
resolution. One of the directors, Nthabiseng, is authorised by the board of directors to conclude 
con...
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Test bank for Accounting for Governmental & Nonprofit Entities 18th Edition by Jacqueline L. Reck, Suzanne Lowensohn, Daniel Neely.
- Exam (elaborations) • 532 pages • 2024
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Test bank for Accounting for Governmental & Nonprofit Entities 18th Edition by Jacqueline L. Reck, Suzanne Lowensohn, Daniel Neely.Chapter 1: Introduction to Accounting and Financial Reportingfor Government and Not-for-Profit Entities PART ONE: State and Local Governments Chapter 2: Principles of Accounting and Financial Reportingfor State and Local Governments Chapter 3: Governmental Operating Statement Accounts;Budgetary Accounting Chapter 4: Accounting for Governmental Operating Activities—...
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Notary Loan Signing Agent Definitions: Updated Guide Solution
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Borrower (Mortgagor) 
 (Ans- An individual who applies for and receives funds in the form of a loan and is obligated to repay the loan in full under the terms of the loan. 
 
Title 
 (Ans- Document that gives evidence of ownership of a property. Also indicates the rights of ownership and possession of the property. Individuals who will have legal ownership in the property are considered "on title" and will sign the mortgage and other documentation 
 
Refinancing 
(Ans- The process of paying ...
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Pearson Vue Test Questions and answers, 100% Accurate, Graded A+. Approved.
- Exam (elaborations) • 42 pages • 2023
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Pearson Vue Test Questions and answers, 100% Accurate, Graded A+. Approved. 
 
 
Which of the following terms BEST describes personal property that, by its attachment to real property, is regarded as real estate? 
 
A. 
Emblements 
 
B. 
Personality 
 
C. 
Fixtures 
 
D. 
Appliances - -C 
 
A salesperson who completes a written listing agreement with a seller is helping to create a contractual relationship between the: 
 
A. 
salesperson and the seller 
 
B. 
salesperson and the buyer 
 
C. 
sal...
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Arkansas State Laws Exam With 100% Correct Answers 2024/Arkansas State Laws Quiz.
- Exam (elaborations) • 18 pages • 2024
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Arkansas State Laws Exam With 100% Correct Answers 2024/Arkansas State Laws Quiz. 
 
Which of the following statements describing the fiduciary and contractual relationships between producers, clients, and insurers is correct? 
A 
A licensee appointed as an agent by one insurer is considered an agent by all insurers 
B 
All funds received by a licensee must be held in a trust, but the licensee may use the funds to help out an insolvent insurer 
C 
All funds received by licensee must be held in a...
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