What is a associated person of a broker or dealer?

Q: Define trading venue

A: Definition:   The facility where multiple buyers and seller trade financial instruments. It allows…

Q: Identify the following users as either external users (E) or internal users (I): _______ Share…

A: Users of financial information:   Users of financial information are broadly classified into two…

Q: Which are the Elements of transactions Involving Interest?

A: Answer: The following are the elements of transactions that involving interests, Principal: The…

Q: What do accounts do?

A: Accounts of a business are used to record for all the transactions of the business. All relevant…

Q: What is an accredited investor? Why is this distinction used?

A: Answer: Accredited investors handle unregistered securities by fulfilling certain requirements as…

Q: Characteristics of Retail Properties?

A: Alternative investment as an asset class is growing nowadays. People start diversification of their…

Q: What is the transaction price? What additional factorsrelated to the transaction price must be…

A: The transaction price is an amount that is received by the company from the transfer of goods or…

Q: What is deposits in transit?

A: Definition: Bank reconciliation: Bank statement is prepared by the bank. The company maintains its…

Q: A major function of brokers is: O storage and warehousing O bringing buyers and sellers together O…

A: A broker is an intermediary that brings sellers and buyers together. They are usually paid a…

Q: What is a transaction?

A: Transaction refers to the business activity which brings change in the business assets, liabilities…

Q: What is a trading venue?

A: Answer: Trading facility is nothing but a facility where the financial instruments of many buyers…

Q: What is a merchandiser?

A: Merchandiser is a business that purchases goods  and resells to customers…

Q: Describe about the trade credit procedure.

A: Trade: Trade refers to buying or selling goods and service in exchange of money or money’s worth.

Q: Sellers supply can be represented by-

A: Answer

Q: What does it mean to say that a trade was internalized at abroker-dealer?

A: Answer: Internalization happens where a trade in shares is carried out through a trading firm…

Q: How to Determine the Transaction Price?

A: Definition:   Transaction price: Transaction price refers to the price that a corporation receives…

Q: A broker and a dealer are the same thing.

A: In the world of finance in general and in the world of investments in particular we often hear the…

Q: What is the definition of bookkeeping?

A: Bookkeeping is considered as a part of accounting. It deals with the recording of day-to-day…

Q: What is operating company?

A: The operating company  is the actual manufacturer of a product or service. The operating company is…

Q: How does a trade atan ATS differ from an internalized trade at a broker-dealer?

A: In Internalized tradeBroker-dealer is helpful in executing the trade. It functions as a mediator for…

Q: What are the assumption of THE LIFO RETAIL METHOD?

A:

Q: What is Form of payments

A: Payments are the consideration paid for buying goods or for receiving services. Goods include…

Q: What is a transaction price?

A: Transaction price: It is the price of a service or a good which is expressed relative to the similar…

Q: Explain the legal distinction between an agent and a broker and give some example.

A: Agents and brokers are two different things and are two have different responsibilities and roles.

Q: who benefits: the buyer or the seller?

A: Buyer can "assume the mortgage" which means for purchasing of a home buyer is not required to take a…

Q: What is mark-to-market?

A: Market to market is an equipment that can become different the value on either side of balance…

Q: Trade and other payables includes what?

A: The balance sheet is the financial statements of the business that show the assets and liabilities…

Q: What is trade credit?

A: Trade credits are advantageous for buyers because they get sufficient time for making their…

Q: What is the difference between a broker and a dealer?

A: Solution-         The broker market is created of national and regional securities exchanges. For a…

Q: What are some of the questions you should ask your broker before beginning to trade on the ASX?

A: Answer: ASX is the Australian Securities Exchange ltd which deals with the listing of the stocks and…

Q: Differentiate between dealer markets and stock markets that have a physical location.

A: Dealer markets are markets where the dealers involve themselves in purchasing & selling…

Q: What is account?

A: The account is a very important term that is used in the accounting process. It includes assets,…

Q: Am agent who maintains an inventory from which he or she buys and sells securities is called a

A: Agent who maintains an inventory from which securities could be bought or sold acts as an…

Q: Who is an unpaid seller? Give an example using a situation/scenario.

A: A seller is someone who offers goods or services to the customers. Seller sells its goods or…

Q: What is bookkeeping

A: Book Keeping is one of the functions of accounting.

Q: What is freight out, and how is it recorded by the seller?

A:

Q: what is credit

A: Finance refers to the management of money and includes activities like lending, budgeting,…

Q: what is the difference between secured transactions and unsecured transactions

A: Secured transactions are the transactions which are supported by collateral or any other security.…

Q: Explain how suppliers and creditors use a customer’s payment practices to judge liquidity.

A: Introduction: Liquidity is the ability of the company to meet its immediate or short-term debt…

Q: how do debits and credits work?

A: Debit and Credits: Debit and Credits are used as a basis of bookkeeping to book balance in the books…

Q: Write the different types of Transactions involving Interest?

A: The interest is the excess amount paid by the borrower to the lender other than the loan amount at a…

Q: Explain the meaning of a "trade balance"

A: Answer: Trade Balance is basically the difference between the country's imports and exports. It is…

Q: What is a contra account?

A: