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stepan [7]
1 year ago
6

The​ ________ view of social responsibility is that managers today are employees with a primary responsibility to shareholders a

nd their single focus should be on generating financial returns.
Business
1 answer:
ira [324]1 year ago
4 0

Answer:

The​ classical view of social responsibility is that managers today are employees with a primary responsibility to shareholders and their single focus should be on generating financial returns.

Explanation:

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Three groups that participate in the process of establishing gaap are users, preparers, and auditors. these groups are represent
Rom4ik [11]

1.) Securities and Exchange Commission-----------USERS


The U.S. Securities and Exchange Commission (SEC) is a independent federal government office in charge of ensuring financial specialists, keeping up reasonable and efficient working of securities showcases and encouraging capital development. It was made by Congress in 1934 as the primary government controller of securities markets. The SEC advances full open revelation, ensures financial specialists against false and manipulative practices in the market, and screens corporate takeover activities in the United States.  

2.) Financial Executives International ------------PREPARERS


Financial Executives International (FEI) is a part service– arranged association situated in Morristown, New Jersey, for senior-level budgetary administrators in organizations in fluctuating sizes, both open and private, and in all ventures. FEI works a different not-for-profit establishment: Financial Executive Research Foundation (FERF), which goes about as a fair-minded budgetary asset for individuals and Foundation supporters.  

FEI was established as the Controllers Institute of America in 1931. The association renamed itself in 1962 to Financial Executives Institute to mirror the development of obligations among budgetary administrators into arrangement making zones. As the worldwide economy kept on developing in the 1960s, the gathering helped shape the International Association of Financial Executives Institutes (IAFEI).  

3.) American Institute of Certified Public Accountants ---------AUDITORS


The American Institute Of Certified Public Accountants (AICPA) is the non-benefit proficient association of ensured open bookkeepers in the United States. The American Institute of Certified Public Accountants was established in 1887, under the name American Association of Public Accountants, keeping in mind the end goal to guarantee that bookkeeping picked up regard as a calling and that it was honed by moral, able experts. The AICPA exists to furnish in excess of 370,000 individuals with the assets, data, and authority to give CPA benefits in the most noteworthy expert way.  

4.) Institute of Management Accountants ----------PREPARERS


Institute of Management Accountants is the overall relationship of bookkeepers and budgetary experts in business. Administration bookkeepers are crucial to the money related strength of associations. They settle on basic choices, protect an organization's trustworthiness, and plan for business sustainability.The advancing part of administration bookkeepers in an evolving world. This exploration region centers around the part of bookkeepers as business accomplices and the transformational part of innovation inside bookkeeping.  

5.) Association of Investment Management and Research ----------USERS


The Association for Investment Management and Research (AIMR) is a global, philanthropic association of in excess of 68,000 speculation professionals and instructors in more than 117 nations. AIMR's main goal is to serve its individuals and financial specialists as a worldwide pioneer in teaching and looking at speculation administrators and examiners and supporting exclusive requirements of expert direct. AIMR's participation is worldwide in degree, and its exercises are around the world. AIMR offers benefits in three general classes: Education through courses and distributions; Professional Conduct and Ethics; and Standards of Practice and Advocacy. Its intentional expert improvement program gives individual tests in light of procedures of the affiliation's numerous meetings and on AIMR's Investment Performance Standards and Ethical Standards of Practice.

5 0
3 years ago
Ken consumes two goods, Sprite and potato chips. Sprite costs $1 per can, and he consumes it to the point where the marginal uti
borishaifa [10]

Answer:

The correct option is c. $8.

Explanation:

Ken will maximize utility where the following equation holds:

MU of Sprite / Price of Sprite = MU of potato chips / Price of potato chips ................. (1)

Where;

MU of Sprite = Marginal utility of Sprite = 3

Price of Sprite = $1 per can

From the table in the question, equation (1) holds at the point where Marginal utility of potato chips is 6 since the Potato chips cost $2 per bag.

Substituting the values into equation (1), we have:

MU of Sprite / Price of Sprite = MU of potato chips / Price of potato chips => 3 / 1 = 6 / 2 = 3

Since when the marginal utility of potato chips that maximizes utility is 6, Ken consumes 4 Bags of Potato chips monthly and pays $2 per bag at this point, the amount he spends on potato chips each month can be calculated as follows:

Amount spent on potato monthly = Number of bags of Potato chips consumed monthly * Cost of potato chips per bag = 4 * $2 = $8

Therefore, the correct option is c. $8.

3 0
3 years ago
If buyers in this market have to wait in line to purchase this good after a $1 price ceiling is imposed, each buyer purchases on
Sophie [7]

The waiting time will be 30 minutes because 30 minutes at $8 per hour adds $4 to the price. Therefore, making the full price equal to $5 for each buyer clears the market.

<h3>What is the price ceiling?</h3>

A price ceiling is a price control mechanism by the government to intervene in the market forces of demand and supply by setting a maximum price.

While price ceilings are imposed to make prices low for consumers, it may cause shortages in the quantities supplied.

Thus, the waiting time will be 30 minutes because 30 minutes at $8 per hour adds $4 to the price.

Learn more about price ceilings at brainly.com/question/4120465

#SPJ12

3 0
2 years ago
The chart indicates the tasks of four individuals who work in the Education and Training career cluster.
kondaur [170]
I believe the answer is D, as Tammy creates new ways to become a better teacher, Vannia speaks with parents and the school board, and Alcott Meets with the school board regarding changes in budgets making them administration and administrative support pathway  and Stefan belongs to the supportive services as he is dealing with scholarship information and testing info. 
7 0
4 years ago
Read 2 more answers
Superstition Industries has a $2,000,000 asset investment and is subject to a 30% income tax rate. Cash inflows from the project
nekit [7.7K]

Answer:

12.25%

Explanation:

Calculation to determine what The company's after-tax accounting rate of return on this investment is:

Using this formula

After-tax accounting rate of return =Avarage income/Average investment

Let plug in the formula

After-tax accounting rate of return=($350,000*70%)/$2,000,000

(100%-30%=70%)

After-tax accounting rate of return=$245,000/$2,000,000

After-tax accounting rate of return=0.1225*100

After-tax accounting rate of return=12.25%

Therefore The company's after-tax accounting rate of return on this investment is:12.25%

6 0
3 years ago
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