Are savings accounts high or low risk?
Answers
When you need money, you can get it from a savings account. minimal danger involved Your money is protected up to $250,000 per depositor, per FDIC-insured bank, and per ownership category by the Federal Deposit Insurance Corporation (FDIC).
Is a savings account high risk or low risk?According to Virginia-based certified financial advisor Gordon Achtermann, "there is zero risk of capital loss" as long as you create a savings account at an accredited institution that is FDIC-insured. Your money won't change even if the interest rate you're collecting on it in a savings account does.
While safe, money market funds and savings accounts do not provide a good rate of return. Furthermore, due to the high inflation rate in 2022, owners of savings accounts would lose money. The safest investments with the best returns are frequently thought to be high-quality bonds and fixed indexed annuities. Savings accounts are among the safest ways to save your money.
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Amelia has laid the groundwork for a fledgling business and is considering incorporating. Which of the following is a valid concern that she might have?(1 point) Please help!
Answers
Incorporated businesses are legally recognized outfits. A valid concern that Amelia will have when considering incorporating her business is;
C) The regulations will be more burdensome than in other business structures.Incorporating a business entails making the business legally recognized. This would involve lots of paper works and rules.
Incorporated businesses can sue and be sued. Therefore, they must be careful in the decisions they make. This is not the case with non-incorporated businesses.
Unincorporated businesses include sole proprietorships and partnerships. They have more freedom and are not really legally liable.
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Here are the options:
A) Acquiring financing as a corporation will be much more challenging than it is for other business structures.
B) Incorporating comes with an increase in liability compared to other business structures.
C) The regulations will be more burdensome than in other business structures.
D) The corporation will only last as long as she is able to work
Answer:
The regulations will be more burdensome than in other business structures.
Explanation:
The US Supreme Court did what in Piscataway Board of Education v. Taxman, 521 U.S. 1117, 117 S.Ct. 2506 (1997)?
Answers
Answer:
The case was never heard in the United States Supreme Court.
Explanation:
The board of education of Piscataway High School, New Jersey desired to remove one teaching position from the Business Education department. A hindrance to this was the fact that the two teachers being considered had indefinite appointments, and were equal in seniority. According to the state law, tenured teachers can be relieved of their duties in reverse order of seniority. Either Sharon Taxman, a white teacher, or Debra Williams an African-American teacher were to be relieved of their positions.
Taxman was chosen because African-Americans were a minority. Taxman contested this in the court. The case was never heard at the U.S Supreme court because some civil rights group wanted the case to be settled out of court. The United States Court of Appeal ruled in favor of Taxman.
According to HIPAA, which of the following refers to anyone who does work at or for an organization? A) Staff B) Personnel C) Employee D) Workforce.
Answers
D) Workforce refers to anyone who does work at or for an organization, according to HIPAA (Health Insurance Portability and Accountability Act).
This includes employees, volunteers, trainees, contractors, and other individuals who have access to protected health information (PHI) held by a covered entity or business associate. HIPAA requires covered entities and business associates to ensure that members of their workforce comply with the privacy and security standards set forth by the act. This includes training workforce members on how to safeguard PHI, implementing policies and procedures to protect PHI, and designating a privacy and security officer to oversee compliance with HIPAA regulations. Failure to comply with HIPAA's privacy and security rules can result in significant fines and penalties.
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The monopolist produces an output that is __________ the perfectly competitive industry would produce.
Answers
Answer:
charge more than a firm in a competitive market. to to Monopoly Production:
Holiday company issued its 9%, 25-year mortgage bonds in the principal amount of $3,000,000 on january 2, 2003, at a discount of $150,000, which it proceeded to amortize by charges to expense over the life of the issue on a straight-line basis. The indenture securing the issue provided
Answers
18.12.2020 as of A
4,080,000 Dr. Cash
Cr 11% Bond Payable, 4,000,000 (Face Value).
80,000 in CR Premium on Bond Issue.
2. January 2021
Dr. 9% Bonds Payable, 3,000,000 (Face value).
Dr Loss on Redeeming 180,000 Bond
Bond Discount of Cr to be Paid at 60,000
Cash in Cr 3,120,000
B. The loss is listed as ordinary income.
How to find the calculation?A. Writing entries in a journal
18 December 2020
4,080,000 Dr. Cash
($4,000,000/100)*102
Cr 11% Bond Payable, 4,000,000 (Face Value).
80,000 in CR Premium on Bond Issue.
(4,080,000-4,000,000)
2. January 2021
Dr. 9% Bonds Payable, 3,000,000 (Face value).
Dr Loss on Redeeming 180,000 Bond
[3,00,0000-(3,120,000+60,000)]
Bond Discount of Cr to be Paid at 60,000
($150,000/25)*10
Cash in Cr 3,120,000
(3,000,000*104%)
B. A description of how the gain or loss from redemption is handled in the income statement.
The LOSS is listed as a regular income.
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Contrast the difference between a financial emergency and nonemergency.
Answers
The difference between a financial emergency and nonemergency is:
What is a Financial Emergency?This refers to the unplanned expenses which requires to the use of money or finances which are not included in a budget.
With this in mind, we can see that a financial emergency is markedly different from a non emergency because this means that there is no hurry to do something.
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A company which has sufficient cash, or other current assets convertible into cash in a relatively short period of time, in order to pay currently maturing debts is said to be ______.
Answers
A company which has sufficient cash, or other current assets convertible into cash in a relatively short period of time, in order to pay currently maturing debts is said to be in liquidity.
Liquidity in the financial markets refers towards how rapidly a commodity may be sold while lowering its price. An asset can be transferred more rapidly (and vice versa) if it is more liquid, and selling it for fair value or the current market price is simpler. More cash reserves trade at a premium and less liquid capital trade at a discount, all else being equal.
In the event of an emergency or other financial setback, you can access liquidity in the form of your emergency reserve account or perhaps the cash you have on hand. Additionally, liquidity is important since it provides you with the capacity to take chances.
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Learning curve indicates that the improvements follow a predictable pattern each time the production output doublesa. Trueb. false
Answers
The given statement "Learning curve indicates that the improvements follow a predictable pattern each time the production output doubles" is true because learning curve theory is based on the idea that as a person or organization performs a task repeatedly, the time required to perform that task decreases at a predictable rate.
This rate of improvement is represented by a learning curve, which typically has a logarithmic shape. The learning curve concept is commonly used in business and industry to estimate the amount of time, labor, and cost required to produce a product or service as output increases. As production output doubles, the learning curve predicts that there will be a proportional decrease in the time and cost required to produce each unit.
However, it is important to note that the learning curve is not a guarantee of success or an absolute rule. There may be factors such as changes in the production process, technology, or materials that could cause the rate of improvement to deviate from the predicted learning curve. Additionally, the learning curve does not account for external factors such as changes in demand, competition, or market conditions.
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A fire in Sarah’s factory causes her to shut the factory doors for 50 days. To limit her loss of income and keep production going, Sarah spends $125,000 renting equipment and another building. Sarah's commercial property policy doesn't have Business Income Coverage, but it does include Extra Expense Coverage. The limit on her Extra Expense coverage is $100,000 and she has Limits of Loss Payment of 40%/80%/100% during her period of restoration. How much indemnification will Sarah receive for her extra expenses?
Answers
Answer:
$80,000
Explanation:
Calculation to determine How much indemnification will Sarah receive for her extra expenses
First step is to determine her Limits of Loss Payment
Limits of Loss Payment=$100,000/$125,000
Limits of Loss Payment=0.80*100
Limits of Loss Payment=80%
Now let calculate her Indemnification amount using this formula
Indemnification amount =Extra Expense coverage*Limits of Loss Payment
Let plug in the formula
Indemnification amount =$100,000*80%
Indemnification amount =$80,000
Therefore the amount of indemnification that Sarah will receive for her extra expenses is $80,000
Question Content AreaKate is considering an investment in a retail shopping mall. The initial investment is $630,000. She expects to receive cash income of $90,000 a year. What is the payback period? a.7 years b.12 years c.5 years d.2 years e.15 years
Answers
The payback period of making an investment in a retail shopping mall is 7 years.
Option A is the correct answer.
What is a payback period?A payback period is one of the techniques of capital budgeting that tells about how much time the investment amount got recovered by the company.
Given values:
Cost of investment: $630,000
Yearly cash flows: $90,000
Computation of payback period of the retail investment:
\(\rm\ Payback \rm\ Period=\frac{\rm\ Cost \rm\ of \rm\ Investment}{\rm\ Yearly \rm\ Cash \rm\ flows} \\\rm\ Payback \rm\ Period=\frac{\$630,000}{\$90,000} \\\rm\ Payback \rm\ Period=7\rm\ years\)
Therefore, when the retail investment of $630,000 made with annual cash flows of $90,000 provides a payback period of 7 years.
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If you invest $100 in a Roth IRA and earn 5% per year for 3 years, how much would it be worth at the end of three years?
Answers
If you invest $100 in a Roth IRA and earn 5% per year for 3 years, after 3 years you will get amount of $116.
The word "invest" may be described as follows: Devoting time or different assets towards attaining a goal. Using cash or capital to shop for an asset with the wish that the cost of that asset will boom and provide you with the possibility to promote at a profit.
Investing is a powerful manner to place your cash to paintings and doubtlessly construct wealth. Smart making an investment might also additionally permit your cash to outpace inflation and boom in cost. The more increase capability of making an investment is in the main because of the strength of compounding and the risk-go back tradeoff.
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what is the practice of one firm, operating in a noncollusive oligopoly, signaling their pricing behavior in advance?
Answers
Pricing leadership is a type of market structure in which one company establishes the standard pricing for the sector and other smaller businesses must follow suit. Usually, the company with the lowest production costs sets the market's prices.
The non-collusive oligopoly model: What is it?The prior section's non-collusive oligopoly model (Sweezy's model) is predicated on the idea that oligopoly enterprises act independently even if they are dependent on one another in the market. There could be uncertainty as a result of intense pricing rivalry.
What distinguishes collusive oligopolies from non-collusive oligopolies?In a collusive oligopoly, a few businesses formally collaborate to eliminate the competition. Contrarily, under a non-collusive oligopoly, enterprises compete on the basis of their own prices.
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In this excerpt, schlosser claims that fast food restaurants are taking advantage of people to save money. helping society by hiring unskilled workers. providing valuable training for teenagers. using highly skilled workers in low-paying jobs.
Answers
Taking advantage of individuals to save money by placing highly trained personnel in low-paying positions.
Why else do chefs say "fire"?These foods, such as pre-made sauces that may be placed over a dish, are not cooked in preparation. A chef will yell "Fire" to direct the staff to begin working on a dish immediately away. For example, "Fire soup, Table 18" or "Fire main meals, Table 2!" Consider it more as "Ready.
Who serves fast food the longest?The majority of historians concur that the American corporation White Castle, which began as food stands throughout Wichita, Kansas throughout 1916 and was founded in 1921, was the first quick restaurant. From its inception, White Castle offered hamburgers for 5 cents each, and it was followed by a large number of competitors and imitators.
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As an HR strategic partners, it is important that we hire for specific skills that fit the position. We should analyze pay in accordance with finance to see what monies are available for a particular position and how to we compensate properly in the beginning for experience, skills, and wisdom. What would your conversation look like with the C-Suite staff to ensure everyone is onboard with the compensation structure and how money could be saved?
Answers
The conversation with the C-Suite staff regarding the compensation structure and cost-saving measures would focus on aligning hiring decisions with specific skills, analyzing pay in accordance with available finances, and ensuring proper compensation for experience, skills, and wisdom.
In the conversation with the C-Suite staff, I would emphasize the importance of hiring for specific skills that align with the position requirements. By focusing on skill-based hiring, we can ensure that we have the right talent in place to drive the organization's success.
I would then discuss the need to analyze pay in accordance with the organization's financial resources. This would involve understanding the budget available for each position and finding the balance between attracting top talent and managing costs effectively.
To gain their support and ensure everyone is onboard, I would emphasize the importance of properly compensating employees based on their experience, skills, and wisdom. By rewarding employees fairly from the beginning, we can attract and retain top talent while fostering a culture of fairness and motivation.
Additionally, I would highlight the potential cost-saving opportunities in the compensation structure, such as exploring alternative benefits or performance-based incentives, to optimize resource allocation and maximize the return on investment.
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The salaries of the Chief Justice and associate justices of the Supreme court are tax-exempt. S2: The salary of the Commissioner of Internal Revenue is exempt from income tax. O b. Only S2 is true O c. Both are true O a. Only S1 is true O d. Both are false Question 30 Which is TRUE? S1: Bribes, kickbacks or similar payments are non-deductible expense on the part of the payor. S2: Bribes, kickbacks or similar payments are taxable income on the part of the recipient. O b. S2 O a. S1 d. Both are true O c. Both are false Question 28 1 pts Which is TRUE? S1: If an individual taxpayer did not choose 8% preferential tax, his income tax shall be computed using the graduated tax rates. S2: If a taxpayer did not choose itemized deduction in the 1st Quarter Income Tax Return or Percentage Tax Return, he may use optional standard deduction as his method of deduction in his annual Income Tax Return d. Both are true O a. S1 O c. Both are false
Answers
The correct option is C. Both are true. In the second question, the correct option is D. Both are true. .In the third question, the correct option is A.
The salaries of the Chief Justice and associate justices of the Supreme court are tax-exempt, and this statement is true. Likewise, the statement that the salary of the Commissioner of Internal Revenue is exempt from income tax is true. Therefore, both statements are true.In the second question, the correct option is D. Both are true. Bribes, kickbacks or similar payments are non-deductible expense on the part of the payor, and this statement is true. Bribes, kickbacks or similar payments are taxable income on the part of the recipient, and this statement is also true. Therefore, both statements are true.In the third question, the correct option is A. S1. If an individual taxpayer did not choose 8% preferential tax, his income tax shall be computed using the graduated tax rates, and this statement is true. However, the statement that if a taxpayer did not choose itemized deduction in the 1st Quarter Income Tax Return or Percentage Tax Return, he may use optional standard deduction as his method of deduction in his annual Income Tax Return is false. Therefore, only statement 1 is true, and statement 2 is false.
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Creating value within business units can happen when the corporate office helps subsidiaries make wise choices in their own acquisitions, divestitures, and new ventures. This is known as?
Answers
Parent company or Parenting helps subsidiaries make wise choices in their own acquisitions, divestitures, and new ventures. A parent company is a single corporation that owns a majority stake in another corporation or corporations. Parent corporations are formed when subsidiaries are spun off or carved out, or through a purchase or merger.
Parent firms must properly account for their subsidiaries on their financial statements and in tax returns. Parent corporations can be conglomerates composed of a variety of seemingly unrelated enterprises, such as General Electric (GE), whose numerous business segments might benefit from cross-branding. A parent company, on the other hand, is not the same as a holding company.
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why is ceo. how can we become ceo
Answers
Explanation:
we can be a CEO by studying it's very easy answer
Answer:
Step 1: Earn a Bachelor's Degree. The typical first step toward a career as a CEO is to obtain a bachelor's degree. ...
Step 2: Build On-the-Job Experience. The position of CEO must be worked up to on a professional level. ...
Step 3: Earn a Master's Degree (Optional)
Explanation:
Managerial accountants:
a. create the company’s financial statements that are submitted to government agencies such as the Internal Revenue Service.
b. negotiate contracts with suppliers
c. create financial reports and provide other types of accounting information to investors.
d. provide managers within the organization with reports to make good business decisions.
Answers
Managerial accountants provide managers within the organization with reports to make good business decisions.
Who are Managerial accountants?They are account managers, they help a company to manage the financial account and hep to make decisions based on the trend on the account.
They also hep perform various task that is associated with the account.
Therefore, Managerial accountants provide managers within the organization with reports to make good business decisions.
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write the different profession and human resources related to engineering and explain any two of them
Answers
Answer:
The professions related to engineering includes
Mechanical engineering
Biomedical engineering
Electronics engineering
Chemical (process) engineering
Petroleum engineering
Materials engineering
Human resources related to engineering includes
Welders
Mechanics
Plumbers
Electricians
Fitters
Carpenters
Brick layers
Operators
Machinist
Explanation:
Mechanical engineering profession
Mechanical engineering profession focuses on the branch of engineering that is related to designing, construction, and implementation of machine that provides energy, force or motion, in industry, homes, school, or office to meet the needs of the society
Welder
A welder is a person that regularly makes use of equipment meant for welding to create acceptable quality welds
who benefits from a loan?
A - only the person who is given the loan by a bank?
B - only the bank who gives the loan to a person
C - both the person who gets the loan and the bank that loans the money
D - no one benefits when a loan is given out
Answers
Answer:
C
Explanation:
The person gets money to spend, then over time the bank will earn that money back from the same person. So I'd say both benefit.
If the economy is opened to free trade, the price and quantity of this product sold would be:______.
Answers
Refer to the above diagram, where Sd and Dd are the domestic supply and demand for a product and Pc is the world price of that product. If the economy is open to free trade, the price and quantity sold of this product would be Pc and z.
the qestion is incomplete .please read below to find the missing content
Refer to the above diagram, where Sd and Dd are the domestic supply and demand for a product and Pc is the world price of that product. If the economy is opened to free trade, the price and quantity sold of this product would be:
a. Pc and v.
b. Pa and z.
c. Pt and y.
d. Pc and z.
An economy is the area of production, distribution, trade, and consumption of goods and services. Generally, it is defined as a social domain emphasizing practices, discourses, and material expressions related to the production, use, and management of scarce resources.
Economics is defined as the management of the community, business, or family financial matters. An example in economics is the US stock market system. Examples of Consequences of Such Administration; Savings. The system or extent of economic activity in a country, region, or community.
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Enter formulas based on the following using the defined names you created in Step 3 to calculate the Rental Bill • Cell F6 is equal to the value in cell B4. • Cell F7 is equal to the value in cell B5. • Cell F9 is equal to the value in cell B6 • Cell F10 is equal to the value in cell B7. • Cell H9 is equal to the charge per day, which depends on the type of car entered in cell B5 and the rate table. (Hint use the VLOOKUP function. ) • Cell H10 is equal to the charge per mile, which depends on the type of car entered in cells B5 and the rate table. Wint: Use the VLOOKUP function
Answers
By using these formulas, you can easily and accurately calculate the rental bill based on the input values and the rates defined in the RateTable. These formulas can save you time and effort when calculating rental bills, and help avoid errors in manual calculations.
To calculate the rental bill based on the values entered in cells B4 through B7, you can use formulas that reference the defined names created in Step 3. Here are the formulas you can use:
Cell F6: =Rate
This formula will simply return the value in the Rate defined name, which is equal to the daily rate of the rental car.
Cell F7: =Days
This formula will return the value in the Days defined name, which is equal to the number of days the rental car was used.
Cell F9: =Miles
This formula will return the value in the Miles defined name, which is equal to the number of miles driven during the rental period.
Cell F10: =MilesRate
This formula will return the value in the MilesRate defined name, which is equal to the per-mile rate for the rental car.
Cell H9: =VLOOKUP(B5,RateTable,2,FALSE)
This formula uses the VLOOKUP function to look up the value in cell B5 (the car type) in the RateTable defined name. It will return the corresponding charge per day for that car type, which is located in the second column of the RateTable.
Cell H10: =VLOOKUP(B5,RateTable,3,FALSE)
This formula also uses the VLOOKUP function to look up the value in cell B5 in the RateTable. However, it will return the corresponding charge per mile for that car type, which is located in the third column of the RateTable.
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True or False: Stores should train employees on how to spot shoplifters.
a.true
b.false
Answers
Answer:
a
Explanation:
need the text
Answer:
True because there are so many people shoplifting now and no one can tell who is shoplifting.
As a part of the federal budgeting process, an executive agency called the ______ reviews all agency budgets and ensures that they conform to the intent of the policy.
Answers
Office of Management and Budget
As a part of the federal budgeting process, an executive agency called the Office of Management and Budget reviews all agency budgets and ensures that they conform to the intent of the policy.
One of the major trends in the lodging sector is that organizations are becoming more international.
O False
O True
Mark this and return
Save and Exit
Nex
Subm
Answers
A strategy where companies cooperate and compete at the same time with companies in its value net is called:
Answers
Answer: Co-Opetition os your answer.
Hope this helps!
A strategy where companies cooperate and compete at the same time with companies in its value net is called Coopetition.
What is Coopetition?Coopetition is a commercial strategy that makes use of theory insights to determine when it makes sense for rivals to cooperate. Coopetition is mathematical simulations that study how collaborating with rivals might benefit all participants and expand the market.
According to the concept of "coopetition," competition's motivating factors might result in two positive outcomes while getting access to resources through collaboration.
However, it is more dangerous if businesses participate in "too much" coopetition since they may fail to distinguish between the competing forces of cooperation and competition, which might lead to conflict & power imbalances among their rivals.
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muggins is evaluating a project to produce a new product. the product has an expected life of four years. costs associated with the product are expected to be as follows.
Answers
Muggins is evaluating a project to produce a new product. the product has an expected life of four years. costs associated with the product Assess on financial grounds whether the project is acceptable.
What is financial ?Money, currencies, and capital assets are the subject of the study and practice of finance. The study of the creation, transfer, and consumption of money, assets, goods, and services is known as economics. However, the two are not the same thing. The field of finance can be loosely classified into three categories: personal, corporate, and public. Finance activities occur in financial systems at various scales.
Assets are purchased, sold, or exchanged as financial instruments in a financial system, including money, loans, bonds, shares, stocks, options, futures, and so on. To enhance value and reduce loss, assets can also be banked, invested in, and insured. Risks are actually always present in financial transactions and companies.
Finance is a big subject, and there are many subfields within it.
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I know these are multiple questions, but the actual question is fit into one big question. VERY MUCH APPRECIATED!
Planning and Conducting:
What are some possible ways to track down your energy usage? Is it more appropriate, in your opinion, to investigate energy usage per day, per week, or per month? • How would you estimate energy usage for devices which you are not the sole user of? • What are some appropriate ways to organize your data? • Suggestion: Pick at least 10 items that are commonly used every day. Record the power rating (in Watts or in some cases given as output: ____V / ____ A) and/or energy rating (in kWh). Track down the amount of time that the device runs in a period of your choice. (8 hours / 24 hours / 3 days / 1 week; do not go beyond one week.)
Answers
Possible ways to track down your energy usage are: Some possible ways to track down your energy usage are through the use of power strips, smart plugs, energy monitoring devices, and utility bills. These methods enable you to measure your electricity consumption so you can reduce it effectively.
In my opinion, it is more appropriate to investigate energy usage per month because it can give you a better perspective on how much energy you consume. You'll have a more detailed overview of your energy usage if you track it over a longer period.
Estimate energy usage for devices that you are not the sole user of by averaging the time that different people use them and multiplying that by the energy consumption of the device. If the device is on all the time, you may need to estimate based on the average number of hours per day that the device is turned on.
Appropriate ways to organize your data include sorting your data by device, usage frequency, energy usage, and time spent using each device. You may want to create a spreadsheet to keep track of your energy usage data for each device, so you can quickly and easily compare the energy usage of different devices.
If you prefer, you can also use an energy monitoring app or device to track your energy usage for each device.
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suppose the equilibrium price for double-scoop ice cream cones is $4 but the market price rises to $6. miguel is a seller in this market. benny still pays the higher price and buys double-scoop ice cream from miguel. april no longer buys double-scoop ice cream cones because the price is too high. what has happened to consumer surplus in this market?
Answers
There has been a decrease in consumer surplus as the price of the ice cream has increased. Consumers are willing to pay $4 for double-scoop ice cream cones, and they get the cones at a price of $6 in this market.
Consumer surplus refers to the difference between the highest price that a buyer is willing to pay and the actual price paid by the buyer.
Suppose the equilibrium price for double-scoop ice cream cones is $4 but the market price rises to $6.
Miguel is a seller in this market, and Benny still pays the higher price and buys double-scoop ice cream from Miguel.
April no longer buys double-scoop ice cream cones because the price is too high.
There has been a decrease in consumer surplus as the price of the ice cream has increased.
Consumers are willing to pay $4 for double-scoop ice cream cones, and they get the cones at a price of $6 in this market.
So, they are forced to pay $2 extra for each cone.
This reduces consumer surplus since they would have been willing to pay $4 but are paying $6 instead, resulting in a loss of $2 per cone.
The fact that April no longer buys double-scoop ice cream cones shows that she perceives the price to be too high and is unwilling to pay it.
Thus, there is a decrease in consumer surplus due to higher market prices.
The decrease in consumer surplus is an economic disadvantage, as it means that buyers are paying more than they should have for the product, causing a loss of consumer satisfaction.
The increase in the price of ice cream may also decrease the quantity demanded, which may cause further losses to the economy.
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Trinity Ltd. wants to obtain debt financing to fund its expansion. What are the different sources from which it can raise this fund?
A. common stock and commercial banks
B. common stock and insurance companies
C. stock brokerage firms and insurance companies
D. preferred stock and stock brokerage firms
Answers
Answer:
The correct answer is C.) Stock Brokerage Firms and Insurance Companies
Explanation:
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