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iris [78.8K]
1 year ago
5

a conflict of interest in research could result when a physician is paid as a consultant for a pharmaceutical company and also c

onducts human subject research with that same company.
Business
1 answer:
Roman55 [17]1 year ago
6 0

False, since both roles are in the capacity of research and does not compromise results. So there is no conflict of interest in research.

Conflicts of interest are situations in which professional judgments or actions regarding a primary concern, such as a medical researcher's responsibilities, may be easily persuaded by a secondary interest, such as monetary benefit or professional advancement.

Many doctors work full-time for biotech and pharmaceutical companies, as well as medical device manufacturers. They work in research, product development, or administration. In fact, a few of them own the businesses. This is not conflict of interest.

Learn more on conflict of interest-

brainly.com/question/14940595

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BatCo makes metal baseball bats. Each bat requires 1 kg of aluminum at $18 per kg and 0.25 direct labor hours at $20 per hour. O
aalyn [17]

Answer:

Cost variance= 7 unfavorable

Explanation:

Giving the following information:

Each bat requires 1 kg of aluminum at $18 per kg and 0.25 direct labor hours at $20 per hour. Overhead is assigned at the rate of $40 per direct labor hour. Assume the actual cost to manufacture one metal bat was $40.

Estimated cost= 18 + 0.25*20 + 0.25*40= 33

Actual cost= 40

Cost variance= 7 unfavorable

5 0
3 years ago
You have just inherited $560,000. You plan to save this money and continue to live off the money that you are earning in your cu
suter [353]

Answer:

10.64 years

Explanation:

To find the number of years , use this formula :

FV / PV = (1 + r) ^n

FV = Future value  = $1 million

P = Present value  = $560,000.

R = interest rate  = 5.6%

N = number of years  

$1,000,000 / $560,000 = (1.056)^n

1.785714  = (1.056)^n

Find the In of both sides

n = 10.64 years

6 0
3 years ago
The top managers of Promedium Inc. are creating a master budget for the company. They require a statement of the budget goals fr
Anettt [7]

Answer:

The correct answer is budget slack.

Explanation:

Budget slack occurs in a company when one or more people with budgetary responsibility create a budget that overestimates expenses and / or underestimates projected income or income.

Intentional budget slack can occur because a manager feels under the weapon to "make their numbers", often in response to previous quarters where revenues fell below projections and, more importantly, did not meet expectations of the owners or shareholders.

4 0
3 years ago
What are the purposes of<br> (d) the statement of stockholders' equity?
Paha777 [63]

The purpose of the statement of stockholder’s equity is to show changes in value of stockholders' equity.

The statement of stockholders' equity refers to the financial reports that form part of the balance sheet of a firm. It contains essential information about the trends in its shares and equities.

This allows stakeholders and investors to understand how stockholders' valuation of the firm has changed through the years, and how much the firm has promoted the interests of stockholders.

If the business has afforded high returns to investors, the stockholders' equity statement shows increase in value. If there is a decrease, it means shareholders are losing their investments and the firm has to recalibrate its business strategy.

To learn more about stockholders' equity : brainly.com/question/13278063

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7 0
1 year ago
In a make-or-buy decision, a.the company would consider all fixed overhead to be irrelevant. b.the company would consider the pu
Nutka1998 [239]

Answer:b.the company would consider the purchase price of the externally provided good to be relevant.

Explanation:The make or buy decision analysis is an evaluation of manufacturing something in-house versus buying that product from another seller. In other words, it is when a business weighs the pros and cons of making or doing something within the business using company resources or outsourcing that part of production or business function to an outside party.

The make vs buy decision traditionally relates to parts in a manufacturing process. If an organization finds that they can make one or more of the manufacturing inputs that they use in house, then the organization should evaluate the cost and compare it to the cost of purchasing those inputs elsewhere.

3 0
3 years ago
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