Busi 352 - Study guides, Class notes & Summaries

Competitiveness - correct answer A company's ability to maintain and gain market share in its industry Stakeholders: - correct answer - Stockholders = Want a return on their investment - Customers = want a high-quality product or service - Employees = Desire interesting work and reasonable compensation for their service - Community = Wants the company to contribute to activities and projects and minimize pollution...

Zack McKerley began college last year and is in the process of applying again for financial aid for his third year of college. Zack received some distributions from various sources to pay for his expenses in his rst year. Which one of the following distributions that occurred last year will not have an adverse effect on the financial aid that Zack may receive in the coming year? - correct answer A qualified distribution from a 529 Savings Plan that was funded...

Raven recently came to your office for her second appointment after receiving your engagement letter. During the meeting you collect several documents from her including her prior year tax returns, estate planning documents, and investment statements and history. You also worked with her on identifying and prioritizing her goals and objectives. Which of the following is the next step in the financial planning process? a. Presenting the financial planning recommendations. b. Analyzing the cli...

Which of the following pensions are exempt from ERISA reporting requirements? - correct answer state, federal, local gov, church Which of the following describes the report filed on Form 5500? - correct answer annual, filed by administrator, must be filed within 7 months after plan year ends, filed with dept of labor ERISA requires report and disclosure of benefits to plan participants under the ___? - correct answer...

The American Opportunity Credit is characterized by all of the following EXCEPT: - correct answer b. there is no requirement that the student pursue a degree The following features of an UTMA account set up in a child's name by a parent to pay for the child's college education are true EXCEPT - correct answer If the child chooses not to go to college the parent can revoke the account Bobby Ayala's sons are a...

Two ways that societal trends and events affect employees - correct answer 1. Consumer Markets 2. Labor Markets Three keys to effectively utilizing labor markets to one's competitive advantage - correct answer 1. Companies must have clear idea of current configuration of human resources 2. Organizations must know where they are going in the future and be aware of how their present configuration relates to the confi...

angela snyder, age 32, has 19000 in her qualified retirement plan the maximum amount that angela can borrow against her account is what - correct answer 10,000 fiduciary typically includes - correct answer A fiduciary may be responsible for general well-being of another (e.g. a child's legal guardian), but often the task involves finances—managing the assets of another person, or of a group of people, for example. ...

CFP Board - correct answer Certified Financial Planner Board of Standards, Inc. - a non-profit organization whose mission is to benefit the public by granting the CFP certification and upholding it as the recognized standard of excellence for competent and ethical personal financial planning. Standards of Professional Conduct - correct answer Enforced through the procedures outlined in the Disciplinary Rules and Standar...

BUSI 352 : QUIZ 1 – 8 TEST BANK (2019/20)  Question 1 2 out of 2 points Someone who has a terminal illness shoud consider the following: 1- Prepare or update personal financial statements 2- Review named beneficiaries of life insurance and retirement plans 3- Sign a Do Not Resuscitate (DNR) order 4- Consider oragan donation 5- Review funeral and burial arrangements Selected Answer: 1, 2, 4, and 5  Question 2 2 out of 2 points Failing to discover hidden assets is a common mist...