Question

For Merrill Lynch, it is possible to minimize __________ by having its financial advisors compensated through...

For Merrill Lynch, it is possible to minimize __________ by having its financial advisors compensated through commissions

a.shrinkage

b. economic recessions

c. inventory carrying costs

d.derived demand

e. seasonal absenteeism

Business   Economics   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

Answer- Correct option is 'A'

For Merrill Lynch, it is possible to minimize shrinkage by having its financial advisors compensated through commissions. A financial advisor is often responsible for more than just executing trades in the market on behalf of their clients. Advisors use their knowledge and expertise to construct personalized financial plans that aim to achieve the financial goals of clients. Advisors further check in with their clients on a regular basis to re-evaluate their current situation and future goals and plan accordingly. Many financial advisor will earn fee directly from their client. A type of fee arrangement, a financial advisor make their money from commisions.

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
1.    A firm desires to control inventory levels so as to minimize the sum of holding...
1.    A firm desires to control inventory levels so as to minimize the sum of holding and order costs. It costs the firm $20 to place an order. The firm estimates its yearly inventory carrying costs at 20%. Weekly demand is 100 units, and there are 50 weeks in the work year. The item costs $10 per unit. The EOQ is approximately: A. 316 B. 224 C. 145 D. 45 E. 32 2.    One end item A requires three component...
#10 What will be the time between orders (in working days) if the Cowboy Saddle Company...
#10 What will be the time between orders (in working days) if the Cowboy Saddle Company ordered 200 units each time, Use the data of Question 7. A. 2 B. 5 C. 10 D. 20 E. 25 Question 7 is below: The Cowboy Saddle Company manufactures plastic saddles that are used in the assembly process of their Mr. Ed doll. The firm desires to control inventory levels so as to minimize the sum of holding and order costs. Annual demand...
On December 31, 20X8, Varsity Motors (VM) had an inventory of five different types of oil...
On December 31, 20X8, Varsity Motors (VM) had an inventory of five different types of oil well parts. Due to economic downturn and declining demand for oil, the market prices for oil well parts have declined. The year-end unit costs (determined by applying the weighted-average cost formula), estimated unit selling prices, estimated costs to sell, and net realizable values for each of the items are presented below. The determination of the amount of inventories to be reported in the statement...
Problems: Economic Order Quantity 1. Demand for the Deskpro computer at Best Buy is 1,000 units...
Problems: Economic Order Quantity 1. Demand for the Deskpro computer at Best Buy is 1,000 units per month. Best Buy incurs a fixed order placement, transportation, and receiving cost of $4,000 each time an order is placed. Each computer costs Best Buy $500 and the retailer has a holding cost of 20 percent. A. Evalua te the number of computers that the store manager should order in each replenishment lot. B. What is the total inventory cost? C. What is...
Inventory Management 1. Ayo is the Purchasing Officer for a company that assembles desktop computers. The...
Inventory Management 1. Ayo is the Purchasing Officer for a company that assembles desktop computers. The computers come with 4 to 6 USB ports. The annual demand for the computers is 600 units. The cost of each computer is $1700, and the inventory carrying cost is estimated to be 10% of the cost of each computer. Ayo has made a study of the costs involved in placing an order and has concluded that the average ordering cost is $50.00 per...
1. The use of a production smoothing strategy creates inventory for products that experience a seasonal...
1. The use of a production smoothing strategy creates inventory for products that experience a seasonal fluctuation in demand.   True or False ? 2. Companies belonging to the same industry segment should have the same inventory turns.  True or False ? 3. Which of the following is a work-in-process inventory for C&A Bakery? A. Flour B. Cupcakes freshly out of the oven C. Ovens D. Cupcake mix prepared from scratch 4. C&A has on average $6000 in inventory and its daily...
answer the following questions Q21.When the economy experiences an expansion, it is most likely the case...
answer the following questions Q21.When the economy experiences an expansion, it is most likely the case that------------------------------- GDP is increasing, unemployment is increasing, and inflation is decreasing. GDP is increasing, unemployment is decreasing, and inflation is increasing. GDP is decreasing, unemployment is decreasing, and inflation is increasing. GDP is decreasing, unemployment is decreasing, and inflation is decreasing. Q22. GDP is an important economic measurement because it provides valuable data on unemployment rates measures the combined total of all intermediate and...
Edney Company employs a standard cost system for product costing. The per-unit standard cost of its...
Edney Company employs a standard cost system for product costing. The per-unit standard cost of its product is Raw materials $ 14.50 Direct labor (2 direct labor hours × $8.00 per hour) 16.00 Manufacturing overhead (2 direct labor hours × $11.00 per hour) 22.00 Total standard cost per unit $ 52.50 The manufacturing overhead rate is based on a normal capacity level of 600,000 direct labor hours. (Normal capacity is defined as the level of capacity needed to satisfy average...
1. Compared with a perfectively competitive market a monopoly is inefficient because                    a. it raises...
1. Compared with a perfectively competitive market a monopoly is inefficient because                    a. it raises the market price above marginal cost and produces a smaller output.             b. it produces a greater output but charges a lower price.             c. it produces the same quantity while charging a higher price.             d. all surplus goes to the producer.             e. it leads to a smaller producer surplus but greater consumer surplus. 2. The demand curve of a monopolist typically...
Items 1 through 10 represent possible errors and fraud that an auditor suspects are present. The...
Items 1 through 10 represent possible errors and fraud that an auditor suspects are present. The accompanying List of Auditing Procedures that the auditor would consider performing to gather evidence concerning possible errors and fraud. For each item, select one or two procedures, as indicated, that the auditor most likely would perform to gather evidence in support of that item and explain why you choose. Possible misstatements due to error and fraud 1. The auditor suspects that the controller wrote...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT