What is the Additional Compensation Arrangement Standard?

Employees may receive additional rewards, bonuses, gifts, and cash from employers and clients for certain performance achievements. These additional compensation arrangements must not affect employees’ professional integrity, objectivity, and independence. Let us discuss additional compensation arrangements and how the CFA institute guides dealing under such scenarios. Additional Compensation Arrangements Standard – Definition The Chartered Financial …

What is the Additional Compensation Arrangement Standard? Read More »

What is the Addition Rule of Probabilities? Definition, Calculation, Examples, and More

Probability refers to the chances of an event happening in statistical terms. The probability of two events means the chances of both events happening at the same time, one at a time, or one after the other. The rule of addition describes the relationship between the probability of two events when they can be mutually …

What is the Addition Rule of Probabilities? Definition, Calculation, Examples, and More Read More »

Does USCIS Accept PO Box Addresses? FAQs About USCIS Application Filing

The United States Citizenship and Immigration Services agency, renowned as USCIS, is responsible for taking care of public applications regarding citizenship, immigration, adoptions, and related matters. The role of USCIS is significant in the country as a large number of people from all over the world want to make their future in the United States. …

Does USCIS Accept PO Box Addresses? FAQs About USCIS Application Filing Read More »

What is Adverse Selection in Economics and How Does It Work?

Generally, adverse selection is a situation where either the buyer or the seller misuses asymmetric information. It is a situation where one party has more information than the other about a product/service. Let’s discuss what adverse selection is in economics and how it work. What is Adverse Selection in Economics? Adverse selection in economics refers …

What is Adverse Selection in Economics and How Does It Work? Read More »