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gizmo_the_mogwai [7]
3 years ago
5

EA8.

Business
1 answer:
docker41 [41]3 years ago
5 0

Answer:

Bribery in the world of business typically happens when an organization or representative of an organization gives financial benefits to an official to gain favor or manipulate a business decision - True.

Bribery is the giving or offering of items of value (especially money) to a government official in exchange for favorable treatment. Bribing is unethical and illegal, but it is common practice in many countries, so common that it is expected.

The Foreign Corrupt Practices Act was implemented in the aftermath of disclosures that businesses were violating the IMA Code of Ethics - True.

In the seventies, U.S. Government investigations found that hundreds of U.S. companies operating abroad had turned to bribery in order to gain the favor of foreing officials. This conduct is related to the statement explained above: bribery is pervasive in many countries around the world.

Managers are required to follow specific rules issued by the IMA for internal financial reporting. - False.

The IMA Code of Ethics does not provide specific rules for financial reporting (these specific rules are found instead either in the Generally Accepted Accounting Principles (GAAP) or in the or in the International Financial Reporting Standards (IFRS)).

The IMA Code of Ethics instead provides principles, or ethical guidelines, to be followed by participants in the management accounting profession.

Ethics is more than obeying laws - True.

Ethics goes beyond what is legally right, and is more related to what is morally right. An ethical person should do the right thing even if there is no legal code explicitely telling him to do so.

The Sarbanes-Oxley Act addressed public company accounting reform. - True

This act added requirements for public accounting firms, and included legal penalties including possible jail time for certain types of misconduct. The Act was enacted following major accounting scandals such as Enron.

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When supervisors directly oversee the actions of employees, monitoring employees' work and correcting problems as they occur, __
pickupchik [31]
The answer to this question is <span>concurrent control
Concurrent control refers to the type of control by management in order to make sure that all employees are meeting the required regulations and standard.
This type of control is used to make sure that employees will always meet company's expectation so the company could realize all of its planned goals.

</span>
7 0
3 years ago
Describe strategies that companies can employ to help ensure that employees approach transfers and promotions, particularly when
zepelin [54]

Answer:

The description according to another circumstance is summarized throughout the subsection below.

Explanation:

Younger employee transactions including advancement throughout particular on the change to investment opportunities whenever employers have a comprehensive relocation as well as transition strategy in anything other than a manner however to employee retention.

<u>Almost all of the given opportunities to handle relocations or transitions:</u>

  • Modification of incentives as well as payouts.
  • Additional help in the sale or purchase of the property.
  • Starting to move your spending.

Share information sufficiently about everything from the intent of displacement so it appears to either the individual whereby he or she is of importance to either the mission.

4 0
3 years ago
Gabriele Enterprises has bonds on the market making annual payments, with eight years to maturity, a par value of $1,000, and se
iVinArrow [24]

Answer:

Coupon rate = 5.8%

Explanation:

The price of a bond is the present value (PV)  of the future cash flows discounted at its yield.

So we will need to work back to ascertain the coupon rate

Step 1

<em>Calculate the PV of redemption value and PV of interest payments</em>

<em>PV of Redemption </em>

= 1.067^(-5) × 1000

=723.06

<em>PV of the annual interest rate</em>

= price of the bond - PV of redemption

= $964- 723.06

= 240.934

Step 2

<em>Calculate the interest payment</em>

Interest payment = PV of redemption value / annuity factor

Annuity factor =( 1 -(1+r)^(-n) )/r

<em>Annuity factor at 6.7% for 5 years</em>

Factor =( 1-1.067^(-5) )/0.067

          = 4.1333

Interest payment =  <em>PV of the annual interest rate</em> / Annuity factor

Interest payment=

=240.93/4.1333

=58.290

Step 3

<em>Calculate the coupon rate</em>

Coupon rate = interest payment/ par value

Coupon rate = (58.290/1000) × 100

= 5.8%

Coupon rate = 5.8%

4 0
3 years ago
Darius rarely makes mistakes as the accountant for the round-tuit corporation. he always follows the correct guidelines when he
slamgirl [31]

<span>Darius has a “conventional” personality type, this is according to Holland’s Six personality types, which means that he likes to work with numbers and data. This kind of person can carry out the task in detail and can easily follow the instruction of a others. </span>

5 0
3 years ago
EB15.
Tems11 [23]

Answer:

Cost per unit under variable costing                               $

Direct material                                                                 110

Direct labour                                                                    150

Variable manufacturing overhead                                 <u> 75 </u>

Cost per unit                                                                   <u>335 </u>

<u />

Cost per unit under absorption costing                         $

Direct material                                                                 110

Direct labour                                                                    150

Variable manufacturing overhead                                  75    

Fixed manufacturing overhead ($2,700,000/90,000)  <u>30</u>        

Cost per unit                                                                   <u>365</u>

Explanation:

In variable costing, cost per unit is calculated by the addition of all variable costs while in absorption costing, fixed manufacturing overhead      application rate is added to the variable costs in order to obtain the cost per unit.

8 0
3 years ago
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