What is managing underwriter?

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter1: Accounting As A Tool For Managers
Section: Chapter Questions
Problem 6Q: What is the purpose of management accounting?
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What is managing underwriter?

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Managing Underwriter:

The leading company in a guaranteeing group, which creates the transaction and act as an agent for the group.

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