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Natali [406]
1 year ago
8

The Department may choose to grant an exception to the examination requirement under certain circumstances. Which of the followi

ng situations would probably NOT be considered for an exemption?
Business
1 answer:
soldier1979 [14.2K]1 year ago
6 0

Available options are:

A salesperson who has held a valid license within the last 3 years

A broker who surrendered his broker license and has been employed as a salesperson since the surrender

A broker associate who had a valid salesperson license five years ago

A broker associate who held a broker associate license two years ago

Answer:

A broker associate who had a valid salesperson license five years ago

Explanation:

The Department may choose to grant an exception to the examination requirement under certain circumstances except "a broker associate who had a valid salesperson license five years ago."

This is because in the United States, for the real estate brokers to renew a license they need to undergo an examination as part of the requirements. However, they may be granted an exception under specific situations such as

1. When they still hold a valid license within the last 3 years

2. When they hold broker associate valid license within the last two years

3. When they are now into salesperson employment.

Hence, considering the available options, the correct answer is "A broker associate who had a valid salesperson license five years ago."

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If inventory increases under the retail method, which of the following is true: a. Under the Average Cost retail method, a new l
NeTakaya

Answer:

d. Under the LIFO retail method, a new layer would be added.

Explanation:

The retail method is used to estimate ending inventory/cost of goods sold and is  widely used for financial reporting purposes, especially for quarterly financial statements. Retail methods are usually used with the weighted average cost flow assumption, FIFO or LIFO.

Now when the inventory increases under the retail method, LIFO retail method is the best to use because it gives you the highest cost of goods sold and the lowest taxable income. LIFO layer refers to a tranche of cost in an inventory costing system that follows the last-in, first-out (LIFO) cost flow assumption. Therefore when inventory increases under the LIFO retail method, a new layer would be added.

3 0
1 year ago
Oversight Inc.’s board of directors votes to empower corporate officers to make decisions regarding ordinary, daily corporate af
stich3 [128]

Answer:

Option B                          

Explanation:

The given case relates to the method of delegation. Under the method of delegation the senior employees of the organisations transfers their workload to some junior level employees with a significant to full level of authority. However, the responsibility for any mistake or delay of work still relies with the managers who delegates work.  

7 0
1 year ago
Ben is assigned by his employer to improve an ultrasonic range-finding device. While working on the improvement, he recognizes t
BARSIC [14]

Answer:

1. He has not developed the idea yet

2. His employer knows he his a pacifist so he has the delima is he ethically correct to not develop a product that can be used for warfare.

Explanation:

In this scenario Ben signed an agreement with his employer that all ideas he has developed on the job and while working with the company is a property of the company.

This is a common agreement that gives a company property rights over work developed by their employees.

However since Ben is a pacifist he has an ethical dilemma when he has an idea that can weaponize an ultrasonic range-finding device.

He is justifying his decision by saying the idea has not been developed yet and his employer will not expect him to develop such technology since he is a pacifist.

7 0
1 year ago
Ronnie's Comics has found that its cost of common equity capital is 15 percent and its cost of debt capital is 12 percent. The f
Maksim231197 [3]

Answer:

The after-tax weighted average cost of capital for Ronnie's Commics is 9.6%

Explanation:

WACC is calculated by the formula

= \frac{E}{E+D} * Re + \frac{D}{E+D} *Rd *(1-T)

According to the information given in the question,

E+D= $250,000,000 + $750,000,000 = $1,000,000,000

E = $250,000,000

D = $750,000,000

T = 35%

Re = 15%

Rd = 12%

Substituting the values in the formula,

= \frac{250,000,000}{1,000,000,000} * 15 + \frac{750,000,000}{1,000,000,000} *12 *(1-0.35)

= 3.75 + 5.85 = 9.6%

5 0
1 year ago
Agent Martinez wishes to solicit Medicare Advantage prospects through e-mail and asks you for advice as to whether this is possi
stealth61 [152]

Answer:

Marketing representatives may initiate electronic contact through e-mail but an opt-out process must be provided.

Explanation:

Since in the question it is mentioned that the Martinez requested or solicit for medicare advantage prospects via the e-mail so yes it is possible but for that, she have to contact with Marketing representatives or the company reached to her so that he or she can send the prospectus via mail also the opt-out process is also provided

5 0
1 year ago
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