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Setler79 [48]
2 years ago
15

If a consultant is not a consultee's administrative supervisor, the consultant: Question 7 options: can avoid liability for any

actions of the consultee by purchasing professional liability insurance. is still responsible for any outcomes related to the consultee taking the consultant's advice. legally would be considered to have control and authority over a consultee, even though the consultant is not the consultee's boss. generally, would not be held legally responsible for actions taken by the consultee based on the consultant's advice. can avoid liability for any actions of the consultee by having the consultee sign an agreement that releases the consultant from liability.
Business
1 answer:
ASHA 777 [7]2 years ago
8 0

Since the consultant is not a consultee's administrative supervisor , then he would not be held legally responsible for actions taken by the consultee based on the consultant's advice.

A consulting agreement is a legal document that describes the working relationship between a company and a consultant who provides services to that company. The consulting agreement defines the terms of the professional relationship in order to hold both parties accountable for the type of work and compensation expected.

A consultant is a third-party professional who provides expertise and advice to help a company's operations in some way. They examine current business practices, identify areas for improvement, and devise a strategy to improve that aspect of the business.

Learn more about agreement here:

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When ruko, a device used to stream movies at home, increases prices by 48% total revenue decreases by 61%?
Free_Kalibri [48]

Answer: Demand is elastic

Explanation:

Total revenue from the sale of a good is negatively related to the price when demand for the good is elastic and positively related to the price when demand for the good is inelastic.

So, as increase in price by 48% decreases total revenue by 61%, therefore the demand for Ruko, a device used to stream movies at home is elastic.

3 0
3 years ago
Vista components has found it needs to reorganize including a significant trim of its middle management, the action will likely
DENIUS [597]

Flattening the organization and empowering employees, allowing them to get close to the customer.

There are various legal types of organizations such as corporations, governments, non-governmental organizations, political organizations, international organizations, armed forces, charitable organizations, non-profit organizations, partnerships, cooperatives, and educational institutions.

Hybrid Organization An entity that operates simultaneously in both the public and private sectors, carries out public missions, and develops commercial market activities.

Volunteer Associations are organizations made up of volunteers. Such organizations, including informal clubs and coordinating bodies, should establish jurisdictions, including informal clubs and coordinating bodies, with goals in mind that can be expressed in manifestos, mission statements, or in ways that reflect their activities in an informal way.

Depending on the circumstances, we may be able to operate without legal process. Remember, every action of an organization, legal or illegal, reflects its goals.

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8 0
2 years ago
the general rule associated with the segregation of duties is that accounting controls should be set up to separate (1) custody
irina1246 [14]

The general guideline for the segregation of duties is that the following areas should be separated by accounting controls : 1. custody of assets, 2. authorization of transactions, and 3. record-keeping responsibilities.

<h3>Give a brief account on segregation of duties.</h3>

The assignment of distinct steps in a process to different personnel is known as the segregation of duties. By exercising extreme control over a process, the goal is to prevent situations in which someone might steal something or do another fraud. In essence, distinct parties should have physical custody of an asset, record-keeping responsibilities for it, and acquisition and disposal authority.

A key component of a control system is the separation of roles. When evaluating an entity's system of internal controls, auditors will consider duty segregation and will give the system a lower rating if there are any segregation problems.

The auditors will change their methods when there are segregation problems because they will presume that the danger of fraud has increased. This method shift typically entails a rise in audit workload, which is passed on to the customer in the form of higher audit fees.

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4 0
1 year ago
Spelling Corporation has eliminated the need for Finished Goods Inventory as it manufactures customer orders as they are receive
Marizza181 [45]

Answer:

Just-in-time inventory method

Explanation:

Just-in-time inventory method accurately forecasts demand for a good or service, so that it requests only for inventory it uses in production process. This method is aimed at reducing inventory storage cost and other expenses associated with having excess inventory on hand.

This method results in smooth operation at reduced cost. To be successful the business must accurately predict demand, and react fast to meet supply obligations.

6 0
3 years ago
Jennifer is the owner of a video game and entertainment software retail store. She is currently planning to retire in 30 years a
nexus9112 [7]

Answer:

A= $4,838.95 monthly

Explanation:

Giving the following information:

She is currently planning to retire in 30 years and wishes to withdraw $10,000/month for 20 years from her retirement account starting at that time.

First, we need to calculate the amount needed for retirement:

FV= 10,000*12*20= 2,400,000

Now, we can use the following formula:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

Isolating A:

A= (FV*i)/{[(1+i)^n]-1}

Effective rate= 0.02/12= 0.0017

n= 12*30= 360

A= (2,400,000*0.0017)/[(1.0017^360)-1]

A= $4,838.95 monthly

3 0
3 years ago
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