As an agent, you owe fiduciary duties to your client. among these are loyalty, reasonable skill and care, confidentiality, accounting, and disclosure. what fiduciary duty is missing from this list

Answers

Answer 1

The fiduciary duty Obedience is missing from the list.

What are the fiduciary duties?

Fiduciary duties are those duties, which work in the interest of another party or an entity.

The main duties included in the fiduciary list are Accounting, Care, Confidentially, Disclosure, Loyalty and Obedience.

Fiduciary duties ensures the benefit of another party.

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Related Questions

Some employees at a clothing manufacturer investigate pay rates on Salary and learn that the company has been paying them significantly more than the national average for their jobs. In this case, what is the most likely reason for this

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In this case, the most likely reason for this is The employees will conclude that there must be regional differences in pay.

What is a Pay Difference?

This refers to the discrepancy that exists when a person is paid a different amount to another person who is performing the same or similar work and can be affected by things like location, etc.

Hence, we can see that based on the fact that the employees of the cloth store make an investigation into their pay rates and find out that there is a price discrepancy that is higher than the national average, they would conclude that there must be regional differences in pay.

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You are on the team of executives at Star Bank. You have been meeting as a team to discuss the future of the bank, including big picture goals of how to grow the company. What type of planning is this?
A. operational
B. functional
C. strategic
D. consumer

SOMEONE PLEASE HELP!!!!!

Answers

Strategic planning is the type of planning used by team of Star bank.

What is strategic planning?

Strategic planning is a type of planning that is channeled towards a purpose.

Companies make use of strategic planning to help focus on a particular goal or aim

Therefore, Strategic planning is the type of planning used by team of Star bank.

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Why is the allowance method preferred over the direct write-off method of accounting for bad debts?.

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Okay bud I’m not hungry I’m hungry now cuz we got the one I saw in my truck yesterday so I got tired too so much to sleep now but I’ll just go back to sleep now and then I’ll go get my nails then I’ll let them go eat and

The allowance method is preferred over the direct write-off method of accounting for bad debts I'm not hungry, bud. I got too exhausted to sleep right now because we caught the one I saw in my truck yesterday, so I'll just go back to sleep for the time being.

What is accounting?

The process of gathering, compiling and reporting information on business and financial transactions. also: this system's guidelines and practices. as a first-year student, I studied accounting: work done in accounting or by accountants.

By recording bad debt expenditure within the same accounting period that income is recorded, the allowance approach adheres to the matching principle. Users benefit from a more accurate display of net income or net loss as a result.

Because bad debt expenses are incurred closer to the point of sale or service, the allowance technique may be more advantageous for a business than the direct write-off method. The allowance creates a more realistic estimate of the end-of-period financials, enabling the organization to understand its situation and plan accordingly.

Therefore, Method is favored by the direct write-off approach to bad debt accounting. I don't need food,

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Which statement indicates the impact of globalization on the African farming community?

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The statement that indicates the impact of the Globalization on the African farming community is use of modern methods of farming increased the crop production of the people.

What is Globalization?

Globalization is a term which refers to the interconnection and interaction of the economy with that of the world's economy. It involves the exchange of the knowledge, trade, technology and even people.

The complete image of the question is attached below.

The African farmers faced many challenges but still they are graced with a very appropriate soil type, which has been aided by modern irrigation practices, fertilizers.

Many of the international aggro-processing company that set up factory near the village in the hopes of obtaining easy and cheap labor. As a result of these factors, people's crop production has increased dramatically.

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How is creating a report with the report wizard different from creating one with the report button?

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The creation of report with the report wizard differs from creating one with the report button because the report wizard allows the user to have more options and flexibility in the design.

What is a report wizard?

This refers to the self-service reporting solution that enables users to create business reports quickly and efficiently.

However, the creation of report with the report wizard differs from creating one with the report button because the report wizard allows the user to have more options and flexibility in the design.

Answers

The group that did not experience the tragedy of the Commons is Taxpayers in the Savings and Loan Crisis in the 1990’s. This is further explained below.

What is the tragedy of the Commons.?

Generally, tragedy of the Commons is simply defined as when overconsumption and underinvestment lead to a common pool resource's depletion, an issue known as the tragedy of the commons.

In conclusion, Taxpayers in the Savings and Loan Crisis of the 1990s were the only group to escape the tragedy of the commons.

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Assume Germany can either produce 3 bushels of wheat or 6 bushels of corn in a set period of time, and the United States can produce either 2 bushels of wheat or 3 bushels of corn in a set period of time. Which nation has a comparative advantage in producing corn

Answers

As per the given scenario, the Germany nation has a comparative advantage in producing corn.

What is comparative advantage?

Comparative advantage is when one country can produce a good at a lower cost in terms of other goods.

As Germany can produce 6 bushels of corn and the united states can produce 3 bushels of corn in a set period, Germany has a comparative advantage in producing corn.

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What can you do if you aren't sure how to create good content for your website?

a. hire a copywriter

b. stick with headings and captions

c. write anything to fill the pages

d. add more video links

Answers

What can you do if you aren't sure how to create good content for your website is: a. hire a copywriter.

How to create good content for your website

If you do not know how to create good content that will attract people to your website the best choice is to hire a copy writer.

A copy writer will be in the best position to help you write good content until you are capable of writing good content your self without the help of a copy writer.

Therefore the correct option is A.

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Refers to the total number of units that are purchased at that price.

Answers

The total number of units purchased at that price is called the quantity demanded.

What is the Demand VS Quantity demanded?

Demand refers to the quantity of the goods and services that a customer is willing and ready to buy at the given price during the particular period of time.

Quantity demanded refers to the amount of goods and services that customers/ people will buy at particular price and at particular point of time.

The formula to find the demand is = Qd = x + yP, where Qd is demand, x is quantity and yP is the price.

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Wax music expects sales of $437,500 next year. the profit margin is 4.8 percent, and the firm has a 30 percent dividend payout ratio. what is the projected increase in retained earnings

Answers

$16,231 is the Projected Increase in Retained Earnings.

Explanation

get here first Expected Profit that is express as

expected Profit = Sales × Profit Margin .......................1

expected Profit = 437500 × 5.3%

expected Profit = $23187.50

and Dividends is here as

Dividends = Expected Profit × Dividend Payout Ratio .................2

Dividends = 23187.50 × 30%

Dividends = $6956.25

Projected Increase in Retained Earnings will be

Projected Increase in Retained Earnings = expected Profit - Dividends ........3

Projected Increase in Retained Earnings = $23187.50 - $6956.25

Projected Increase in Retained Earnings = $16231.25

There are options missing in the question which is given below-

a. $16,231

b. $17,500

c. $18,300

d. $20,600

e. $21,000

Thus, the correct option is a. $16231

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Prepaid expenses are eventually expected to become.

Answers

Answer:

Free for the next (for example) month until the time the time is due, considering you paid for 2 months rent in the midst of one.

Explanation:

trust

The finalized registration statement for new securities approved by the SEC is called A. a firm commitment. B. a red herring. C. the prospectus. D. the preliminary statement

Answers

The finalized registration statement for new securities approved by the SEC is called the prospectus. Option C. This is further explained below.

What is a prospectus?

Generally, a prospectus is simply defined as a printed pamphlet promoting an institution to prospective students or parents, or including information for investors about a stock offer.

In conclusion, The prospectus is the finished SEC-approved registration statement for new securities.

Answers

In this question the violation that is committed here is what is called splitting commission.

What is splitting commission?

This can be described to be a commission that is split between two people or more.

The commission is split when the person that got the job decides to split with the other party that linked him up with a client.

Answers

When a firm is evaluating two projects that are mutually exclusive, they can:

accept one of the projects.reject both projects.reject one of the projects.

What happens when a firm has mutually exclusive projects?

Mutually exclusive projects mean that only one project can be embarked on at any given point.

This means that a firm will have to accept one project, and reject the other. They could also reject both projects.

The options are:

accept one of the projects reject both projects accept both projects reject one of the projects

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Zion company sells merchandise on credit to brc, inc. in the amount of $1,200. the entry to record this sale would include a: (check all that apply.)

Answers

The entry to record the sale of merchandise would include

-Debit to Accounts Receivable

-Credit to Sales

What is journal entry?

Journal entry refers to how business transactions are recorded for ease of reconciliation.

Typically, when goods are sold, the accounts receivable is debited, while sales is credited.

Hence, the entry to record the sale of merchandise would include debit to Accounts Receivable and credit to sales.

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Savannah Corporation purchased 35,000 shares of common stock of the Boulet Corporation for $50 per share on January 2, 2017. During 2017, Boulet Corporation had 140,000 shares of common stock outstanding, paid cash dividends of $120,000, and reported net income of $320,000. Savannah Corporation should report revenue from investment for 2017 in the amount of $30,000. $50,000. $80,000. $0.

Answers

Savannah Corporation should report revenue from investment for 2017 in the amount of $80,000.

Amount to be reported as revenue

First step

Percentage ownership=35,000/140,000 shares ×100

Percentage ownership=25%.

Second step

Using equity method

Revenue from investment=25%× $320,000

Revenue from investment=$80,000

Therefore Savannah Corporation should report revenue from investment for 2017 in the amount of $80,000.

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Prepare a dialogue on the topic Possibitics of Rural Tourism in Nepal "

Answers

...Sky-Dive... creates new social and economic opportunities, awareness, improve the quality of rural life, and promote sustainable development of communities.

Competition among economic units ______. Multiple select question. should not occur within a market system diffuses economic power within the businesses and households that make up the economy. implies that producers can enter or leave an industry is not congruent with the concept of self-interest

Answers

The Competition among economic units diffuses economic power within the businesses and households that make up the economy.

What is Economy?

Economy refers to the area or the region which produces the goods and services. It implies to the wealth and the resources of the nation. It involves the management of the finances. for example :- the stock market system of the United States.

The competition among the business leads to the innovation of the new products and the services which in turn is beneficial for the customers. It diffuses the economic power as the income earned gores in the market and the household.

Thus it helps in the economic growth of the nation. Therefore the correct option is diffuses economic power within the businesses and households that make up the economy.

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In the project initiation phase, which document contains high-level details of the proposed project?

Answers

Answer:

Once the initiation phase has begun and you have been granted the go-ahead, you must develop your project charter, also known as the project initiation document (PID). The Project Charter legally permits the project's existence, delegated power to the Project Manager, and documented the high-level requirements, milestones, and success criteria. The project charter defines the project's goal and requirements. It contains information such as business requirements, major players and stakeholders, scope, objectives, and general aims.

Explanation:

The initiation phase includes all of the processes that must be completed before a project is approved and planning may begin. The idea is to define your project at a high level and connect it to the business problem you want to address. The project charter serves as a framework for defining project decisions and ensuring they are consistent with corporate objectives.

The Herfindahl index equals ______. Multiple choice question. total market shares of the largest four firms in an industry sum of the squared percentage market shares of all firms in an industry average percentage market share in an industry percentage market shares of all firms in an industry

Answers

The Herfindahl index equals sum of the squared percentage market shares of all firms in an industry.

What is Herfindahl index?

The Herfindahl Index can be regarded as the common measure of market concentration which is used in measuring the market in term of the competition.

In calculating this Herfindahl Index, we can determine the pre- and post-M&A and equals sum of the squared percentage market shares .

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A postaudit is a valuable process because blank______. multiple choice question. it forces companies to fire employees who made poor estimates during the decision making process it gives managers something to do after they are done with the decision-making process actual values can be used to determine if the project is performing as expected

Answers

A postaudit is a valuable process because Actual values can be used to determine if the project is performing as expected.

What is the purpose of the postaudit and audit process?

Postaudit is been done after an audit has been made to get the deep inspection needed about the project at hand.

Audit process help with the inspection of various books of accounts as well as other information that is needed to be go through as regards the project.

But with the postaudit, Actual values can be known.

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In the context of influence tactics, _____ is particularly effective for gaining support and resources for a new project.

Answers

In the context of influence tactics, consultation is particularly effective for gaining support and resources for a new project.

What is Consultation?

This refers to the external use of a person or source to gain knowledge or seek perspective about a particular thing.

Hence, we can see that in the context of influence tactics, the use of consultation is a very effective tool as it can be used to gather support and resources for a given project due to the involvement of external forces.

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Question 13 (5 points)
Which of the following arguments would an economist use in favor of sustainable development?

Improved education is the key to economic development.

Rapid development causes environmental problems for the whole world.

There is not enough wealth in the world to sustain development.

Less developed countries need to industrialize quickly to keep up.

Answers

Answer:

Improved education is the key to economic development.

Explanation:

What is development without education, then we will just go back to the Savage civilization, education is fundamental in our professional and personal life, it deals with everything. Like industrialization, cooking, economic development and everything else. So for sustainable development for a developed or developing country one needs education to become skilled and help in the development of ones country

A market economy is driven by the economic principle of.

Answers

Answer:

A market economy functions under the laws of supply and demand. It is characterized by private ownership, freedom of choice, self-interest, buying and selling platforms, competition, and limited government intervention. Competition drives the market economy as it encourages efficiency and innovation.

Explanation:

Hilltop grading, an american construction firm, recently acquired another company, earth builders, in indonesia. the high-level managers at earth builders eventually quit because they could not cope with the domineering and straightforward approach of their american counterparts. this illustrates how acquisitions may fail because

Answers

Of culture clashes between the two companies

_________ float results from the delay between the time when a customer deducts a payment from the checking account ledger and the time when the vendor actually receives the funds in a spendable form. (a) Mail (b) Processing (c) Collection (d) Disbursement

Answers

The delay between the deduction of the payment amount from the customer's checking account and the time in which that amount is received by the vendor is treated as the collection float.

Option C is the correct answer.

What is meant by collections?

Collections are the amount that has yet to be received by the company from the customers.

When the amount paid by the customer gets deducted from his/her bank account and the same amount earned by the selling party for spending further, then the duration between deduction and its reach to the vendor is considered as a collection float.

Therefore, the collection float represents the time of receiving payment to the vendor with its initial deduction from the customer's account.

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An investment had a nominal return of 11.7 percent last year. The inflation rate was 4.4 percent. What was the real return on the investment?

Answers

The real return on this investment equals to 7.3%.

What is a real return on an investment?

This refers to the amount earned on an investment after accounting for taxes and inflation.

Real return = Nominal return - Inflation rate

Real return = 11.7% - 4.4%

Real return = 7.3%

Therefore, the real return on this investment equals to 7.3%.

Answers

Companies create a division of labor among employees in order to allow each employee to perform one task at a high level

What is division of labor?

It involves Sharing of duties or job among individuals or employee.

An employee is allowed to handle a particular task for efficiency.

Therefore, Companies create a division of labor among employees in order to allow each employee to perform one task at a high level

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All of the following involve counterbalancing errors except the failure to record prepaid expenses. understatement of inventory. overstatement of purchases. failure to adjust for bad debts.

Answers

The items that are not counterbalancing errors includes the failure to record prepaid expenses.

What is a counterbalancing error?

This refers to the type of error that will be offset or corrected over 2 periods of accounting.

Hence, the failure to record prepaid expenses and depreciation does not involves a counterbalancing errors.

Therefore, the Option A is correct.

Answers

Managers must realize that motivating individuals requires

understanding of different cultures within a country.familiarity with a variety of cultures from around the worldthat generations have different cultures.

What is culture?

This is a way of life of a group of people. The term has to do with the way that the people of the nation behave and what differentiates them from other people.

The culture around the work place is diverse due to the fact that the people are from various places in the world.