Financial intermediaries
A) offer indirect securities.
B) usually are underwriting syndicates.
C) constitute the various secondary markets.
D) include the national and regional stock exchange.
A
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By convention, short-term financial control is accomplished by all the following except:
a. Comparing actual to budgeted financial results. b. Calculating a series of cost and revenue variances at the end of the period. c. The use of flexible budgets and standard costs. d. Explaining the total operating-income variance for a given period. e. The use of productivity analysis.
Owner tim was in need of cash and contact the broker Mildred to list his property.Mildred inspected the property and advised him that the house was worth $90,000.since Tim had to sell quickly listed the property for $84,000.Mildred acquired a 60 day portion for $1500 consideration and sold the property to weeks later for $92,000.which choice is correct?
A. Mildred has committed fraud. B. Mildred me retain the difference C. Tim only owes Mildred a commission D. Tim should file a civil action against Mildred