________ is a written document containing the guidelines for the product's marketing programs and allocations over the planning period
A) Marketing plan
B) Brochure
C) Market outline
D) Procedures Manual
A
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How does purchased liquidity management affect profitability?
A. By its impact on the interest rate sensitivity of assets. B. By its impact on the interest rate sensitivity of liabilities. C. By determining the default risk of investment securities D. By its impact on the cost of purchased funds E. By enhancing the liquidity of assets held.
Of the following, which is the most important reason for a broker to maintain a trust fund account in addition to regular business account:
a. to provide a means of control over the density of transactions being negotiated b. it is easier from an accounting point of view c. the bank is responsible for any loss to the trust fund account resulting from embezzlement d. the consequences which could occur should legal action be taken against the broker.