the key feature of an agency relationship is that   1) The company will allow another firm to take on its name and  act as an agent in doing the business   2) the principal will always make decisions that are in the best interest of the agent

Q: Example Ltd is a manufacturer. Which of the following is an example of the control function in…

A: Answer: Developing corrective actions in response to lower than expected production levels.

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A: Method of understanding business means how to get know more about our business , how to do business…

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A: The agency problem is a conflict of interest inherent in any relationship where one party is…

Q: 2. Agency theory is based on the view that A. The purpose of corporate governance (CG) should be to…

A: Agency theory is based on the view that- A. The purpose of corporate governance (CG) should be to…

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A: Organizational behavior theory refers to the activity to monitor the way and the process of…

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A: “Since you have asked multiple questions, we will solve the first question for you. If youwant any…

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A: The statement "the shareholder's pockets are close to the manager’s heart in the modern firm" refers…

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A: Corporate venture refers to the process in which the investment funds are to be invested into the…

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A: Direct labor is a crucial component in the calculation of the cost of goods sold (COGS) for…

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A: Managers are the people appointed by the firm for managing its day-to-day business operations.…

Q: Show all workings and provide descriptions of how all answers were derived.

A: Proposal and Evaluation of Two Courses of Action Course of Action 1: Adherence to Current Procedures…

Q: Assume you are the manager of this area in a small firm. What internal controls and segregation of…

A: complete solution given belowExplanation:As a manager, it's crucial to implement internal controls…

Q: Which statement best describes the essence of the Agency Problem?   Shareholders allocate…

A: Agency problems arise when the interests of the two major parties, management and the shareholders…

Q: 2

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A: Managers of corporation are the representatives of the company or corporation. They must act…

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A: GIVEN  is it called where a director makes a decision, that is done in good faith, with due care Is

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A: Mnagement accounts are the financial representation of the financial data of the company. Unlike…

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A: The question is multiple choice question. Which one of the following is NOT the main responsibility…

Q: Agency costs are _______ costs that are paid to ____ acting on behalf of the principal to minimise…

A: Agency cost are all such cost which will be incurred in order to lower down the conflict of interest…

Q: 16. The primary goal of managerial accounting is to provide information to: а. creditors b.…

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A: Corroll' CSR focuses mainly on 4 Responsibilities 1. Economic - to be profitable for companies…

Q: Question 2 Agency theory concerns itself with relationships where one party (the principal)…

A: INTRODUCTION Agency Theory: The idea of agency theory is utilized to clarify and address issues in…

Q: The aligning of goals between a corporation’s strategy and a manager’s personal goals is known as…

A: Goal congruence denotes the same goals shared by top managers and their subordinates. It is one of…

Q: The module plays a central role in an ERP system by collecting business events from other mod…

A: A software package called an ERP (Enterprise Resource Planning) system unifies key corporate…

Q: Which type of organization that manager does not have direct control over its members? a. Internal…

A: External organization : External organization means public, Society, Body corporate, Government etc.…

Q: 1-) A strategic business unit, a-) is a single business b-) has its own competitors c-) has its own…

A: Let us first understand what is a strategic business unit. A strategic business unit is a fully…

Q: 1. Explain whether the following statement is true or false: "Responsiveness usually result to…

A: 1.The statement "Responsiveness usually result to effectiveness and efficiency" is generally true.…

Q: refers to a culture that is open, honest and communicate the values of the organization to persons…

A: Ans. The culture set by board of directors, audit committee and corporate officers throws a great…

Q: O when it becomes easier for management and stakeholde

A: Explanation : In simple words, ESG issues refers to the environmental, governmental and social…

Q: Year Project Cash Flow (millions) $(210) 1 80 60 3 80 4. 95 (Click on the icon in order to copy its…

A: The question is based on the concept of capital budgeting technique to find the payback period for…

Q: Attept all

A: The Financial Accounting Standards Board (FASB) and the International Accounting Standards Board…

Q: Which of the following term is related to the compliance of business ethics? O a. Public image O b.…

A: The entity needs to comply with their business ethics for long term growth and focus on both…

Q: Question:A)Explain how "materiality" is defined by both FASB and IASB. The concepts statements…

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Q: In small business some activities are outsourced and some resources are acquired externally, that is…

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Q: achieve business objectives. B. Business objectives are the steps to achieve strategy. C.…

A: Given as, To explain the differences of the strategy and the business objectives using the given…

Q: 2019 COBIT Principle 1 Each e

A: Principle 1. The principal in this context refers to the enterprise or organization that is…

Q: ‘Business strategy produces long-term plans for the business, taking into consideration plans and…

A: Strategic management accounting identified as a generic approach to accounting for strategic…

Q: A Board of Directors duty is to: a) Safeguard the interest of a firm's stakeholders b) Protect a…

A: A Board of Directors duty is to formulate a company's strategy.

Q: Establishing effective controls minimizes waste, which lowers costs and increases profits. Which…

A: Internal control is a procedure developed and implemented by the management to improve their…

Q: What is a social contract and how does it relate to organisational legitimacy? (6 marks, maximum 300…

A: a) Social Contract: Social Contract is referred as the how business interact with the society.  In…

Q: G. Each column in the table below is labeled, complete the table by writing the given data (in…

A: All the answers to the questions are answered using a financial calculator.