Do you think that managing earnings within the boundaries of a
given accounting standards is illegal? Is it unethical? Is there a
difference? What kinds of questions would be helpful for managers
to a
Answers
While there may be a difference between something being illegal and unethical, there can be instances where managing earnings may cross both boundaries. For example, if a company intentionally engages in fraudulent activities or deliberately misrepresents financial information, it can be both illegal and unethical.
In terms of questions that would be helpful for managers to ask themselves in relation to managing earnings, they could consider:
1. Is the motive behind managing earnings to accurately reflect the financial performance and position of the company, or is it solely driven by short-term financial goals or personal gain?
2. Are the actions taken in line with accounting standards and regulations, or do they involve deliberate misrepresentation or manipulation?
3. Are the potential long-term consequences and risks of managing earnings considered, such as damage to reputation, loss of investor trust, or legal implications?
4. Are there alternative strategies or approaches that can achieve the desired financial outcomes without compromising ethical principles and stakeholder trust?
5. Does the company have a robust system of internal controls and governance mechanisms in place to prevent unethical practices and ensure compliance with accounting standards?
By asking these types of questions, managers can critically evaluate their actions and make informed decisions that align with both legal requirements and ethical principles, promoting transparency and trust in the financial reporting process.
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Related Questions
which of the following methods do economists use to study income differences across countries? check all that apply. the purchasing power parity method, used to compare incomes across countries the bundle of goods method, used to compare types of affordable goods across countries an environmental performance index the gdp deflator method, used to compare incomes across countries
Answers
Following methods economists use to study income differences across countries :
The purchasing power parity method, used to compare incomes across countries
Exchange rate conversion, used to express incomes in the common currency
A common metric used by macroeconomic analysts to compare the currencies of various nations using a "basket of goods" approach is purchasing power parity (PPP). Economists can compare economic productivity and living standards across nations thanks to purchasing power parity (PPP). In order to account for PPP, some nations modify their GDP estimates.
The rate at which one currency can be exchanged for another is known as the exchange rate between two currencies. In other words, the exchange rate is the cost of one currency relative to another.
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I’LL GIVE 100 POINTS!!
PLZ HELP NEED ANSWERS WITHIN 24 HOURS!!!
UNIT 5
Critical Thinking Questions
Please complete the following questions. Use a word processor to complete your work. Remember to use complete sentences and include both the questions and answers when you submit your work.
Submit your work as a file attachment using the dropbox.
The answers to the Critical Thinking Questions are worth 10 points.
1. Why do professional and ethical standards exist in marketing? Analyze and explain what these standards are and how they impact marketing in business.
2. What role do ethics play in the workplace? Identify and describe several scenarios that illustrate and help to explain the significance of ethics in the workplace.
Answers
Answer:
The principle of professionalism is a standard of personal conduct by a professional in his business dealings. While guidelines for acceptable and expected behavior vary from industry to industry, personal principles typically focus on ethics, code of conduct, appropriate personal interactions and workplace integrity.
Explanation:
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4. As a result of the Covid pandemic, the management of FeiFei plc (F) are discussing with the executive workers union Emsa (E), the introduction of more flexible working practices to help increase profits. In return for accepting the new working practices, E are negotiating an increase in salaries. In these negotiations, E are attempting to maximise salaries and F are attempting to maximise their profits. Both F and E realise that they can each employ one of three negotiating strategies, and the profit/salary increase (%) depends upon the strategy employed by both F and E as follows:
E's Strategy
E1
E2
E3
F1
(5,6)
(6,8)
(2,7)
F's
F2
(5,4)
(8,5)
(2,6)
Strategy
F3
(5,3)
(8,3)
(3,4)
(If F employs F1 and E employs E1 then profits will increase by
5% and salaries will increase by 6%)
(a) Determine the likely outcome of these negotiations and explain how a more optimal outcome for both F and E might be achieved.
(300 words maximum) (35 marks)
The management of FeiFei plc (F) is also attempting to renegotiate a deal for the cost of its raw materials from Hippo plc (H). The price that F will pay and the amount that H will receive per unit of raw material (£) depends upon the strategies they both adopt as follows:F's Strategy
F4
F5
F6
H1
8
12
4
H's
H2
10
6
11
H3
10
14
8
Strategy
(If H employs H1 and F employs F4 then H will receive £8 per unit for the raw material and F will pay £8 per unit for the raw material).
(b)
(c)
Discuss why H3, F4 might appear to be a 'solution' to these negotiations and explain why it is unlikely to be achieved in practice.
(250 words maximum) (25 marks)
Determine the optimal strategy for both H and F in these negotiations and the amount which F can expect to pay for the raw materials. Explain the method
adopted at each stage of these calculations.
(300 words maximum) (40 marks)
Answers
The outcomes, represented as (profit increase, salary increase), indicate that the most favorable outcome for both F and E is when F employs strategy F2 and E employs strategy E2, resulting in a profit increase of 8% and a salary increase of 8%.
By analyzing the possible strategies and their corresponding outcomes, it becomes clear that F2 and E2 offer the highest gains for both parties. However, to achieve a more optimal outcome, F and E could employ cooperative negotiation strategies. This approach would involve open communication, compromise, and finding a mutually beneficial solution that balances profit maximization for F and salary maximization for E. By focusing on long-term sustainability and growth, both parties can work together to create a win-win situation that addresses their respective objectives.
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what is the role of doctors in our society?
Answers
What is just in time JIT inventory?
Answers
when must interest and principal payments on a Stafford Student Loan begin
Answers
Answer:
The interpretation of the issue is listed throughout the clarification section below.
Explanation:
As usual and when you get a subsidized mortgage, the economy amount to accrue, but perhaps the government will pay everything on someone's account. This seems to be the case for other education loans, individuals aren't encouraged to make additional cash receipts and cash contributions while being in education or even for 6 months after taking university or education center.
for which person would renting a home be a better option than getting a mortgage?
Answers
Answer:
Someone who wants ro avoid spending time and money on maintenace
Explanation:
the guy who put letters in math is the reason im failing in geometry im just like
Answers
Answer:
I did that because I wanted to earn points, and alas. I wasnt sure how to other than this.
Explanation:
gap. inc. ended its relationship with foreign production facilities due to code violations like the use of child labor. the gap then created a large team to travel worldwide to ensure compliance with its code of vendor conduct. this is an example of question 2 options: cause marketing. profit responsibility. utilitarianism. moral idealism. social responsibility.
Answers
This is an example of utilitarianism Tiered pricing for a good or service for various types of customers is an illustration of rule utilitarianism in business. For instance, many aeroplanes in the aviation sector have first-, business-, and economy-class seating options. The answer is OPTIONC.
In a business setting, utilitarianism essentially says that a decision about how to conduct customers is right if and only if it results in the greatest good for the greatest number of people. The net benefits that are realised by the parties impacted by the decision are typically used to define "good." For instance, the utilitarian viewpoint holds that you should select the flavour of ice cream that will make you feel the happiest.
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jonathan is a real estate agent. a builder tasks him with finding a suitable piece of land for a new condo development. once the condos are complete, john has the exclusive right to list them.which type of agent relationship does this represent?
Answers
Between Jonathan and the builder, this shows an exclusive agency relationship. In this kind of organization, the agent (Jonathan) is granted the sole authority to speak for the principal (the builder) in a specific transaction or series of transactions.
However, if the agent brings about a successful transaction, they are entitled to a commission. The principal retains the right to act on their own behalf.
There can be no other agent engaged in the sale of these properties because Jonathan has the exclusive authority to list the condos once they are finished.
Real estate frequently involves relationships of this kind, which enable all parties to understand precisely what is expected of them during the course of the deal.
Therefore, this situation represents an exclusive agency relationship.
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Benny answers questions when he begins car shopping at the mall, three months after he has had his new car, and then a year later. The specific type of survey Benny was involved with was most likely a _____. longitudinal study mall-intercept interview ad-hoc mail survey customer satisfaction survey
Answers
Usage of a vehicle which is a car in the given case and its satisfaction measurement is known by doing option (D): "Customer Satisfaction Survey".
Why is the Customer Satisfaction Survey used?Customer satisfaction surveys provide detailed information regarding positive and negative opinions, which can help marketers and salespeople improve their efforts.
A customer satisfaction survey may be ineffective unless it generates statistical data that can be analyzed scientifically.
Small business owners utilize customer satisfaction surveys to measure how their organization is viewed by the customers they serve.
A customer satisfaction survey is a marketing tool that companies use to determine how satisfied their customers are with their brand.
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The most successful strategic plans make the ________ focal.
competitive analysis
customer
product
control process
Answers
The most successful strategic plans make the customer focal. This means that the customer is at the center of the strategy and all decisions are made with the customer in mind. By putting the customer first, companies can better understand their needs and develop products and services that meet those needs.
This customer-centric approach helps companies build stronger relationships with their customers, leading to increased loyalty and repeat business.In order to make the customer focal, companies need to conduct thorough market research and understand their target audience. This includes understanding customer preferences, behaviors, and needs, as well as identifying any gaps in the market that the company can fill. Once this information has been gathered, companies can develop strategies that focus on delivering value to the customer.Competitive analysis is also an important part of any strategic plan, but it should not take priority over the customer. By understanding the competitive landscape, companies can identify areas where they can differentiate themselves and gain a competitive advantage. However, this should always be done with the customer in mind.In summary, the customer should be the primary focus of any successful strategic plan. By putting the customer first, companies can build strong relationships and deliver value that sets them apart from the competition.
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What types of planning can be done to improve a nation’s economy?
A nation can undergo ____ planning or ___ planning in order to improve its economy.
Answers
Answer:
A nation can undergo long-term planning or constructive planning in order to improve its economy. Long-term planning involves setting goals and implementing policies that will have an impact over a period of several years. This type of planning may involve investments in education, infrastructure, and research and development, among other areas. Constructive planning involves implementing policies that encourage economic growth and development, such as reducing barriers to trade, promoting entrepreneurship and innovation, and investing in key industries. These types of planning can help a nation to create jobs, increase productivity, and improve living standards for its citizens. THANK YOUHow could government – sponsored grants for the private development of new technologies result in a lower national debt?
Answers
Answer: Making initial development private saves the government from funding all of the research.
Explanation:
A grant refers to an amount of money that is financial assistance thats given by the government or an organization to an individual or firm for a specific purpose. A grant is different from a loan as it isn't meant to be paid back.
Government award grants for the development of technologies, community projects, home insulation etc.
With regards to the question, a government – sponsored grants for the private development of new technologies may result in a lower national debt when the government makes the initial development private thereby saving the government from funding all of the research.
When the simple regression equation y; = B2 + B2x, +u,, t=1,2,...,I is written in matrix notation, the OLS estimator is ß =(XX)" Xy. Then: Select one: A. X'X has dimension 2 x 2 and its inverse can always be found. B. X'y has dimension 2 x1 C. B^ has dimension 1x1 i.e. it is a scalar D. X'X has dimension T x T and its inverse can not always be found. E. X'y has dimension T x1
Previous question
Answers
X'y has dimension T x1 of the equation and scalar D .The correct answer is E.
In matrix notation, the simple regression equation can be written as y = Xß + u, where y is an I x 1 vector of the dependent variable, X is an I x 2 matrix of the independent variable (with the first column being all ones for the intercept), ß is a 2 x 1 vector of coefficients (including the intercept), and u is an I x 1 vector of the error term.
To estimate ß using ordinary least squares (OLS), we minimize the sum of squared residuals (SSR), which can be expressed as SSR = (y - Xß)'(y - Xß). Taking the derivative of SSR with respect to ß and setting it equal to zero yields the OLS estimator ß = (X'X)-1 X'y.
X'X is a 2 x 2 matrix that represents the sum of squares and cross-products of the independent variable. Its inverse can be found as long as it is non-singular, which requires that the columns of X are linearly independent. However, the dimension of X'X equation with scalar D is not T x T, as T is not explicitly given in the question.
X'y is a 2 x 1 matrix that represents the sum of cross-products between the independent and dependent variable. Its dimension is T x 1, where T is the number of observations.
B^ does not have dimension 1x1, as it is a vector of length 2 (including the intercept and slope coefficient).
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if you have a $252,000, 30-year, 5 percent mortgage, how much of your first monthly payment of $1,354.5 would go toward principal?
Answers
A mortgage payment is typically composed of two parts: principal and interest. The principal is the amount of money you borrowed to buy the house, while the interest is the cost of borrowing that money. When you make a mortgage payment, a portion of it goes towards paying down the principal, while the rest goes towards paying the interest.
In the case of a $252,000, 30-year, 5 percent mortgage, the monthly payment of $1,354.5 includes both principal and interest. To calculate how much of the first monthly payment would go towards principal, we need to first calculate the monthly interest.
To do this, we take the annual interest rate (5 percent) and divide it by 12 to get the monthly interest rate. In this case, the monthly interest rate would be 0.0041667 (0.05 divided by 12).
Next, we need to calculate the monthly principal. To do this, we take the total loan amount ($252,000) and divide it by the number of months in the loan term (30 years x 12 months per year = 360 months). This gives us a monthly principal of $700.
Now that we know the monthly interest and principal, we can calculate how much of the first monthly payment of $1,354.5 would go towards the principal. We simply subtract the monthly interest ($1,052.5 x 0.0041667 = $1.05) from the total monthly payment ($1,354.5), leaving us with $699.50.
Therefore, of the first monthly payment of $1,354.5, $699.50 would go towards the principal.
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Doug offers to sell a computer router to Eve, but it is stolen before Eve accepts. Doug:
a. is not required to obtain a similar item for Eve, because it could take an unreasonable period of time to obtain a replacement.
b. is not required to obtain a similar item for Eve, because the theft of the original router terminated the offer.
c. must obtain a similar item for Eve, if Eve offers to pay before delivery.
d. must obtain a similar item for Eve, if Doug tells Eve that he accepts the offer.
Answers
Answer:
The answer is B
Explanation:
Since its been stolen he can't offer her anything anymore based on that transaction
The impact of Furman v. Georgia (1972) was that states had to
promise to use the death penalty only with approval from the Supreme Court.
throw out the old Miranda warning and write a new one.
agree to throw out all state laws regarding crime and impose national standards.
create clear standards to be applied fairly before imposing the death penalty.
Answers
Answer: D.create clear standards to be applied fairly before imposing the death penalty.
Explanation: The answer it's right there
The impact of Furman v. Georgia (1972) was that states had to
create clear standards to be applied fairly before imposing the death penalty.The Furman v. Georgia caseThis was a case that had to do with the cruel and the unusual way that people faced in the death penalty.
The case ruled that the death penalty was unconstitutional if it was applied in a discriminatory way.
It ruled that the eight amendment was being violated if used in this way.
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What is a sales quote?
Answers
Answer:
Explanation:
A sales quote allows a prospective buyer to see the costs that will be involved for desired work.
The column headed by a check mark in a checkbook register is provided so you can make a note of your checks that have bounced.
T or F
Answers
what was the key issue in the sagacity tea case? what were the five options that were under consideration? if you were making the decision for sagacity tea, what would you have done and why? be brief, but persuasive - a couple of strong reasons in support of your recommendations will suffice.
Answers
The percentage of caffeinated tea in Max's tea shop is 25% (%), or 1/4 of the total amount of tea available.
All 88 teas were served at Max's Tea Shop. 22 people drank caffeinated tea at Max's Tea Shop. Here, we must determine the proportion of caffeinated tea in his tea business relative to the total amount of tea; we must then divide the result by 100 after determining the fraction. In light of the query: Number of caffeinated teas divided by the total number of teas, multiplied by 100. Ratio = 22/88 * 100. Ratio = 2/8 * 100. Percentage equals 14 times 100. percent equals 25%. As a result, 25% of the tea at Max's Tea Shop contains caffeine. Tea is seen as a nourishing beverage with important cultural characteristics. As a result, the market for tea beverages is one of the most lucrative and is growing significantly.
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Which resource management activity identifies and verifies?.
Answers
Answer:
different kinds of buisness vary
Explanation:
Under which type of policy does the government reduce its expenditures and increase tax rates? A. contractionary monetary policy B. contractionary fiscal policy C. expansionary fiscal policy D. expansionary monetary policy
Answers
Answer:
B. contractionary fiscal policy
Explanation:
The government influences economic direction through fiscal policy measures of increasing or decreasing its expenditure and taxation. Therefore, fiscal policies involve the government's actions of adjusting its spending and taxation to achieve desired economic objectives.
Fiscal policies can either be contractionary or expansionary. Contractionary measures are applied to control rising inflation and moderate the rate of growth. These policies aim at reducing liquidity in the market, thereby achieving stable prices. A reduction in government spending and an increase in taxation reduces liquidity or money circulation.
Answer:
b
Explanation:
Which of the following options is a strong argument for why you should receive a raise?
Answers
Pay is a major factor in why people leave their occupations, among many other factors. Pay is linked to several indicators of job satisfaction in addition to helping your staff cover their living expenditures. Giving the appropriate starting salary and maintaining inflation rates is insufficient. It might be expensive to hire a new employee. Staff raises will not only aid in employee retention but also boost productivity as morale rises. Exceeding Expectations, Loyalty, Seeking Professional Development, Producing High-Quality Work, Driving Sales and Revenue, Possessing Special Skills and Talents, Demonstrating a Positive Attitude, Being Responsible, Taking Initiative, and Going Above and Beyond are the reasons they deserve a raise.
A raise is an increment in the wage or hourly rate that an employee is paid for services rendered to a company.
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Genera 5
3
Select the correct answer.
Which relationship is possible when two tables share the same primary key?
O A one-to-one
ОВ.
one-to-many
OC. many-to-one
OD. many-to-many
Reset
Next
Answers
Question:
Which relationship is possible when two tables share the same primary key?
Explanation:
One-to-one relationship.
U.S. businesses with just a single owner and no staff account for more than $990 billion in annual sales
a. True
B. False
Answers
Answer:
It is true I believe ...
Answer:
Its true
Explanation:
Antigone decides to go
against Creon's edict Make
a list of the pros and cons for
making this
decision
Answers
Pros of Antigone's decision to go against Creon's edict:Upholding personal values: Antigone's decision demonstrates her commitment to her family and religious beliefs. She believes it is her duty to bury her brother, regardless of the consequences.
Standing up against injustice: By defying Creon's edict, Antigone challenges his authority and questions the fairness of his laws. Her actions can inspire others to question unjust laws and fight for what they believe is right.
Cons of Antigone's decision to go against Creon's edict:
Legal consequences: Antigone's actions are in direct violation of Creon's law, which may result in severe punishment, such as imprisonment or death. Her decision puts her own life at risk and can also lead to further conflicts and tensions within the community.
Disobeying authority: Going against the edict challenges the authority of the ruler and can disrupt the order and stability of the society. It may lead to a breakdown of law and order and create chaos or anarchy.
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I. Suppose the United States economy is represented by the following equations: Z = C + I + G C = 300 + 0.9YD
T = 1,000 I = 200 YD = Y – T G = 1,500
a. Calculate the equilibrium level of output.
b. After you have calculated equilibrium income, calculate the level of consumption at this level of output. (Hint: Since you know the level of taxes and income, you can easily obtain the level of disposable income to calculate consumption.)
Answers
Answer:
a. To find the equilibrium level of output, we need to set aggregate demand (Z) equal to aggregate supply (Y):
Z = C + I + G
Z = (300 + 0.9YD) + 200 + 1,500 [substitute equations for C, I, and G]
Z = 2,000 + 0.9YD
But we also know that disposable income, YD, equals Y - T. Substituting this into the equation for Z, we get:
Z = 2,000 + 0.9(Y - T)
At equilibrium, Z = Y, so we can set the two equations equal to each other and solve for Y:
Y = 2,000 + 0.9(Y - T)
Y = 2,000 + 0.9(Y - 1,000) [substitute T = 1,000]
Y = 11,000
Therefore, the equilibrium level of output is $11,000.
b. To find the level of consumption at this level of output, we need to first calculate disposable income (YD):
YD = Y - T
YD = 11,000 - 1,000
YD = 10,000
Now we can use the equation for consumption (C = 300 + 0.9YD):
C = 300 + 0.9(10,000)
C = 9,300
Therefore, the level of consumption at the equilibrium level of output is $9,300.
in the hvacr trade tubing is joined together by what?
Answers
Answer:
Copper tubing is joined using flare connection, compression connection, pressed connection, or solder. Copper offers a high level of corrosion resistance but is becoming very costly.
two difference between purchasing shares on the stock market and saving in a commercial bank
Answers
The main difference between investment banking and commercial banking is that investment banking typically deals with purchasing and selling bonds and stocks for companies , and also helping them issue IPOs , while commercial banks primarily deal with deposits or loans for companies or individuals .
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Commercial banks accept deposits, make loans, protect assets, and serve a wide range of customers, including the general public and businesses. In contrast, investment banks serve large corporations and institutional investors.
What commercial bank means?A commercial bank is a financial institution that accepts deposits from customers and provides loans and other services. Commercial banks offer basic banking services to their customers as well as small and medium-sized businesses.
One of the primary functions of an investment bank is to act as a go-between for corporations and investors via initial public offerings (IPOs). When a company decides to go public and seeks equity funding, investment banks offer underwriting services for new stock issues.
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