Advantages of external sources of finances As such, external sources of finance could help to speed up your growth, acquire new equipment, purchase property, support uneven cash flow, release equity, fund marketing campaigns, replenish supplies, provide emergency relief and much more. What are the advantages of sources of finance? The…
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What are the principles for business?
The Principles 1 Integrity A firm must conduct its business with integrity. 3 Management and control A firm must take reasonable care to organise and control its affairs responsibly and effectively, with adequate risk management systems. 4 Financial prudence A firm must maintain adequate financial resources. What are the 7…
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How much is a Series 6 license?
In order to obtain any securities license, a person must pass the SIE. The Series 6 exam costs $75; the Series 7 costs $300; the Series 63 costs $147; the Series 65 costs $187; and the Series 66 costs $177. Is a Series 6 hard to get? Series 6 Exam…
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How do you become a commissioned security officer?
Typically, you must be at least 18 years old and have completed basic security officer training. Once you gain experience as a security guard, you must obtain a commissioned security officer license in your state. You must pass a background check, and many states require additional training. What is the…
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What is White House security clearance?
What is security clearance and how do you get it? To obtain a security clearance you must be sponsored by a government agency for a position which requires access to classified information. You must be a U.S. citizen to obtain a security clearance.There are three main types of security clearance:…
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What is a financially distressed company?
Financial distress The Companies Act defines “financially distressed”, to mean that it appears to be: i. reasonably unlikely that the company will be able to pay all of its debts as they fall due and. payable within the immediately ensuing six months, or. ii. How do you know if a…
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What is the difference between voluntary administration and liquidation?
The purpose of liquidation is to wind up a company, whereas the purpose of voluntary administration is to assess the company’s viability, turn its fortunes around if possible and provide a better return to creditors if not. What is the difference between in administration and liquidation? In simple terms, liquidation…
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What is a first lien mortgage loan?
A First Lien Home Equity Loan (First Lien) is a mortgage product, meaning it’s a loan secured with real estate as collateral. However, First Liens are generally taken out when you’ve already purchased a home with a traditional mortgage. What is the difference between 1st lien and 2nd lien? A…
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Is mortgage insurance premium and PMI the same thing?
The main difference between PMI and MIP, as we’ve already mentioned, is that PMI applies to conventional loans while MIP applies to FHA loans. Is PMI the same as MPI? MPI Vs. PMI is a form of mortgage insurance that protects the lender in case you stop making payments on…
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What does ADV stand for SEC?
Uniform Application for Investment Adviser RegistrationUniform Application for Investment Adviser Registration (or more commonly known as the Form ADV) is used as the official application document to register as an investment advisor firm. What is a ADV? Form ADV is the uniform form used by investment advisers to register with…
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Who does the existence of financial intermediaries benefit?
Benefits of Financial Intermediaries Loans benefit households and countries by enabling them to spend more money than they have at the current time. Financial intermediaries also provide the benefit of reducing costs on several fronts. Who benefits from the process of financial intermediation? Financial intermediation meaning Looking at the wider…
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What are the main differences between internal auditing and external auditing within an MNC?
Internal auditors will examine issues related to company business practices and risks, while external auditors examine the financial records and issue an opinion regarding the financial statements of the company. Internal audits are conducted throughout the year, while external auditors conduct a single annual audit. What are differences between internal…
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What is a co signers responsibility?
A co-signer takes full responsibility for paying back a loan, along with the primary borrower. Often a co-signer will be a family member. The co-signer is obligated to pay any missed payments and even the full amount of the loan if the borrower doesn’t pay. What happens if you are…
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What will the multiplier be when the MPC is 1?
MPC = 1; multiplier = infinity; MPC = . 9, multiplier = 10; MPC = . What happens when MPC equals 1? MPC equal to 1: When the MPC is equal to 1, it shows a proportionate increase in income levels leading to an equal increase in the consumption of…
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How does a piggyback mortgage work?
A “piggyback” second mortgage is a home equity loan or home equity line of credit (HELOC) that is made at the same time as your main mortgage. Its purpose is to allow borrowers with low down payment savings to borrow additional money in order to qualify for a main mortgage…
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Hawthorne, origin of human relations theory
1. Introduction In these times of accelerated change and emphasis on globalization and the culture of quality and customer service, it is frustrating for management scholars to see that many organizations still persist in the application of rigid and mechanistic models that are incompatible with the main variables of their…
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What is Section 291 recapture?
Code Sec. 291 contains additional depreciation recapture rules applicable solely to corporations which dispose of depreciable real estate. This recapture is in addition to any recapture first calculated under Sec. 1250. In order to calculate Sec. What does it mean to recapture taxes? What is recapture? Recapture tax is paying…
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Can I sell stuff on eBay for free?
For most casual sellers, it’s free to list on eBay. If you list more than 250 items per month, you’ll start paying a $0.35 insertion fee per listing. How do I sell on eBay without fees? When you’re just starting out on eBay, you have access to a free seller…
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How much money do you save by making an extra mortgage payment?
However, if you pay an extra $100 per month, you’d save roughly $28,000 in interest costs. Early payoff: By paying an additional $100 per month, you pay off your loan approximately five years early. For those remaining five years, you can redirect that money toward other goals. Is it worth…
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Is national debt a good thing?
In the short run, public debt is a good way for countries to get extra funds to invest in their economic growth. Public debt is a safe way for people in other countries to invest in another country’s growth by buying government bonds. Is it good for a country to…