Professional financial planners:

A. provide services on a fee or commission basis.
B. provide services to wealthy investors only.
C. set the financial goals of retired investors.
D. make financial decisions for investors.
E. are most effective during retirement years.


Answer: A

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An employee earned $61,200 during the year working for an employer. The FICA tax rate for Social Security is 6.2% of the first $128,400 of employee earnings per calendar year and the FICA tax rate for Medicare is 1.45% of all earnings. The current FUTA tax rate is 0.6%, and the SUTA tax rate is 5.4%. Both unemployment taxes are applied to the first $7000 of an employee's pay. What is the amount of total unemployment taxes the employee must pay?

A. $0.00 B. $434.00 C. $101.50 D. $56.00 E. $378.00

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What is the objective of a target return strategy?

A. a specific share of the market B. a specific mindshare of consumers C. a specific level of profit D. a specific share of competitors' sales E. a specific sales volume

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Refer to Table 6-1. Using a three-month moving average, the forecast sales for periods 5 and 7

are approximately A) 383 and 418. B) 383 and 448. C) 418 and 448. D) 418 and 473. E) 448 and 473.

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The healthcare industry was slow to implement IT solutions to improve productivity and efficiency

a. True b. False Indicate whether the statement is true or false

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