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AnnZ [28]
4 years ago
8

The COI management plan aims to

Business
2 answers:
nydimaria [60]4 years ago
4 0
A Conflict of Interest (COI) management plan aims to prevent an employee from being subject to scrutiny due to issues of conflict of interest.  If something is revealed on an employee’s conflict of interest disclosure that might be perceived as an actual or potential conflict, then a plan is drawn.  This plan describes the nature of the conflict and outlines how the management will prevent a conflict of interest from escalating.
Naya [18.7K]4 years ago
4 0

Answer:

Provide procedures or extras steps to be taken to minimize the risk of bias when a COI is disclosed

Explanation:

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Talks-A-Lot, Inc. sells cell phones to customers and expects that 5% of phones sold will be returned for repair under its warran
ivann1987 [24]

Answer:

Warranty liability $2,128

Explanation:

680 phones sold x 5% x $76 per repaired phone = $2,584 total warranty liability

6 phones were repaired during the year x $76 =  $456

remaining warranty liability = total estimated liability - money spent repairing phones during the year = $2,584 - $456 = $2,128

total outstanding warranty liability = $2,128

Since phone warranties last less than a year, the full amount should be recorded under current liabilities.

5 0
4 years ago
A popular television show, the unexpected, achieved skyrocketing ratings after moralist tom bowman attempted to have it removed
Zinaida [17]
This is an example of mass selling through publicity.
The show may not have been that much popular before Tom Bowman wanted it gone, however, after he asked for its removal from the air, people were interested to see why that is so, which is why it gained many new followers instead of losing its old ones.
6 0
4 years ago
The banking panic of 1907 and the resulting cash shortage led to the formation of the: A. Federal Reserve System.B. Comptroller
AlekseyPX

The banking panic of 1907 and the resulting cash shortage led to the formation of the Comptroller of the Currency.

<u>Explanation:</u>

The Office of the Comptroller of the Currency (OCC), established by National Currency Act of 1863 serves to supervise, regulate and charter all national banks, thrift institutions and all the other federally licensed branches in US. The current Comptroller of the Currency is Joseph Otting.

The banking panic of 1907 has been a main motivation in creating the 3rd central banking system in 1907–1913. This was initiated by failed speculation that led to bankruptcy of 2 brokerage firms.

The public started to panic that the trust and banking industries were experiencing liquidity crunches and had the currencies only to meet short-term or immediate obligations. This caused bank runs and set off the financial panic of 1907 nationwide and it lasted for months.

5 0
3 years ago
chapter 13Identify the type of cash flow activity for each of the following events (operating, investing, or financing). The com
maxonik [38]

Answer:

a. Net income - Operating  

b. Paid cash dividends - Financing

c. Issued common stock - Financing

d. Issued bonds - Financing

e. Redeemed bonds - Financing

f. Sold long-term investments - Investing

g. Purchased treasury stock - Financing

h. Sold equipment - Investing

i. Issued preferred stock - Financing

j. Purchased buildings - Investing

k. Purchased patents - Investing

Explanation

The statement of cash flows is basically made up of three sections: operating, financing and investing activity.

Statement of cash flows, using indirect method is simply a statement that records the cash inflows and outflows after adjusting for non-cash items.

  • Operating activities comprise the adjustment of non-cash items that were already added or subtracted from the net income in preparing the income statement in line with accrual accounting. Then, it records the movement in current assets and liabilities.
  • The Financing section comprises those activities that are geared towards improving the capital structure of the company like issuance of stocks, cash dividend payment, etc.
  • Finally, the Investing activities are those activities involving purchase of equipment or any other assets that would be used in the course of the business to generate revenue.
8 0
3 years ago
Which accurately explains the difference between the stock market and the currency exchange market?
jolli1 [7]
I would say that the stock market deals with selling and buying shares according to the confidence of the shareholders in say the price of metals and the quality of the companies' assets, whereas for currency exchange, it is based on the exchange rates between currencies and converting one to the other.
5 0
4 years ago
Read 2 more answers
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