Detail some of the advantages and disadvantages of setting up a trust.  Why set up an irrevocable trust when you can establish a revocable one that provides you with more flexibility?

Q: Explain the problems of adverse selection and moral hazard caused by asymmetric information. How can…

A: A financial institution is a corporation or person who acts as another go for different parties in…

Q: Explain the role of voters as one of the causes of inefficiencies underlying the public choice

A: Public choice reflects people's action in  collective decision making. The main features associated…

Q: Describe how underinvestment and asset substitution can destroy firm value and how risk management…

A: Underinvestment and asset replacement can have a negative impact on a company's value, however risk…

Q: EXPLAIN THE ADVANTAGE OF offshore trust?

A: Offshore trust is the planning tool to protect your assets, This trust is created in abroad, It is…

Q: Describe a situation in risk management that involves ethical aswell as financial issues.

A: Ethical issue: the risk that arrives due to not following the code of conduct as prescribed by the…

Q: a. An organization may accept the risk if it is prepared to absorb or mitigate the impact of the…

A: The risk response's purpose is to develop an organization-wide, uniform response to the risk frame.…

Q: Give your own scenario that best describe  being accountability in Good governance

A: ACCOUNTABILITY IN GOOD GOVERNANCE: It is a form of liability that refers to who and for what and…

Q: How does a trust works? Explain step by step

A: Answer: Trust is the legal entity that can allow two different parties trustor and trustee to be in…

Q: What is the responsibility of whoever in the context of risk management?

A: Risk management-It is an important management process as it helps to minimize the impact of an event…

Q: What steps would you take to ensure that your management team makes decisions for the better of the…

A: the following steps may be taken to ensure the management team continues to work towards enhancing…

Q: What is a value-for-money (VFM) audit? Give one example

A: Auditing: Auditing is the practice of verification of the data and records that are prepared. It is…

Q: What is Competitive Advantage b. What is Competitive Disadvantage c. What is Risk Management and…

A: "Since you have posted multiple questions, we will solve first question for you. If you want any…

Q: Explain criteria that investors should consider when selecting a unit trust

A: A unit trust, also known as a mutual fund, is a type of investment vehicle that pools money from…

Q: discuss the harmful effects of illusion of control bias to investors

A: Behavioral finance studies the impact of an investor's psychology on its investment pattern.…

Q: Hedging is matching the maturities of assets and liabilities to reduce risk.Hedging is matching the…

A: Given StatementHedging matches the maturities of assets and liabilities to reduce risk.What is…

Q: The transfer the risk from an insured individual to a group to minimize the possibility of losses is…

A: We take insurance coverage to reduce our risks. For example when we take health insurance coverage…

Q: Which of the following statements best explains how NPV can help decision makers?  Group of answer…

A: Net present value (NPV):The net present value is a technique used for making the investment…

Q: What is assurance and non assurance services?

A: Assurance services are less formal than attestation services for financial statements.  Accounting…

Q: Give one example of overconfidence bias in investing and how to overcome it. Thank you!

A: Overconfidence bias can be defined as the overestimation of skills and abilities by an individual.…

Q: What is overconfidence bias in investing? Give examples and how to overcome it. Thank you!

A: Explanation:- Overconfidence bias in investment causes people to overstate their knowledge about…

Q: networks? are these methods appropriate or possibly

A: As existing networks mature and change, new networks emerge, and value is demonstrated, social…

Q: iscuss the benefits and risks of financial leverage for you personally.

A: Financial leverage is now days very common and used by every one , but have benefits and risk…

Q: What is takaful and how it can be used as a risk mitigation tool and write down the names of types…

A: Takaful may be a style of monotheism insurance whereby members contribute cash into a pool system to…

Q: are there methodologies by which the investor can bring to bear against adverse investment decision…

A: There are several methodologies that an investor can use to counteract the adverse effects of…

Q: s risk considered the main consideration in any investment decision? How will you deal with risk in…

A: Risk is very important factor in investment because the rate of return depends on the risk involved…

Q: How would an investor communicate to clients their ethical and professional standards when managing…

A: According to CFA institute, six guidelines related to the code of conduct is laid out in the Code of…

Q: What information is considered a necessary evil in constructing an investment policy statement?

A: Provide appropriate guidance on portfolio construction and management Maintain focus on the…

Q: Discuss using practical example how risk management objectives fascilitates an insurer’s role as a…

A: Risk management refers to identifying, analyzing, and reducing the risk by applying different…

Q: What is important about this Fintech (i.e., Why should the audience care to learn about this topic…

A: In the fast technological development ,  The Fintech has been the most popular term in the economy…

Q: Some people believe that when making decisions, the more information one has, the better. Discuss…

A: Let's delve deeper into how to determine the value of information sources and content, and further…

Q: Discuss the objectives of the risk management process. Why should you follow a regimented and well…

A: Risk management is a strategy for preventing and controlling dangers to a company's operations. It…

Q: Describe some of the motives and mistakes made by the investors?

A: Investors are driven by different motives when taking decision to make investment in specific…

Q: Is the WACC set by investors or by managers and how (with theoretical concepts)?  Please provide…

A: The Weighted average cost of capital (WACC), which includes common stock, preferred stock, bonds,…

Q: Why bother with a technical evaluation, anyway? Explain its purpose, how it is used, and how it may…

A: Technical evaluation refers to the process which is used for determining whether the requirements…

Q: Discuss the importance of hedging to the financial risk manager Are there any downside to hedging?

A: Hedging in money alludes to ensuring speculations. Support is a speculation status, which targets…

Q: As a CPA do you advise your clients to stay away from digital investments or do you encourage them…

A: As a CPA when giving investment advices to my client I first of all start by making them aware of…

Q: What can a person try to do to genuinely control spending to better achieve financial success?

A: Financial performance should be converted into a range of financial goals, properties, or net worth…

Q: etect and Identify the behavioural biases investor exhibits in investment decision making.

A: Investment choice It refers to how a business's finances are to be invested in various assets so…

Reasons for Estate Planning

Planning is a process that helps decide in advance about future activities and operations. Planning helps to draft the procedures by identifying, analyzing, and designing how to work, when to work, by whom should be done, and what has to be done. It is the primary step followed by a person, business organizations, institutions, companies, etc.