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4 years ago

Conflicts of interest may exist when employees have financial investments. True or False

Business

1 answer:

lisov135 [29]4 years ago

8 0

Answer: False

Explanation: In simple words, conflict of interest refers to a situation in which any individual or an entity holds the position of authority in which any decision made by him or her can lead to personal benefit at the cost of others loss.

The given statement is false as conflict of interest would only appear when the employees have financial investments in the companies in which they are working as it can lea d to access of materiel non public information or authority to make decisions for personal benefit.

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According to the Lewis two-sector model the creation of a Modern (urban) Sector will:

Soloha48 [4]

Answer:

The answer is option B) According to the Lewis two-sector model the creation of a Modern (urban) Sector will:

Create a flow of labor from the traditional sector into the modern sector.

Explanation:

The two sector model propounded by W. Arthur Lewis is a theory of development that identifies two sectors: the traditional and modern sector.

According to this theory, the creation of a modern sector will generate a flow of excess labor from the traditional sector to the urban sector where there is more demand for labor.

Over time, this migration will create more jobs, stimulate industrialization and a framework for sustainable development.

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3 years ago

Maria wants to create a simple logo for her new flower shop. She would like to use the computer to create this logo. Maria shoul

Eva8 [605]

She should use, graphics software to create the logo.

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3 years ago

Read 2 more answers

A good example of a government imposed-price ceiling is:

tia_tia [17]

<span>A price ceiling would exist on items like the rent for apartments, which some municipalities would place on landlords as a way of making sure people find affordable housing. By setting the price at a maximum, the government has imposed a ceiling above which it is illegal to charge.</span>

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4 years ago

Boretti has $400,000 in a stock fund. The fund pays a 10% return, compounded annually. If he does not make another deposit into

LenKa [72]

Answer:

it will take 16.89 years for the account to increase to $2 million.

Explanation:

PV = $400,000

FV = $2,000,000

I/Y = 10%

Solving for N in:

FV = PV * (1 + I/Y)N

$2,000,000 = $400,000 * (1.10)N

5 = (1.10)N

N = 16.89 years

Therefore, it will take 16.89 years for the account to increase to $2 million.

6 0

4 years ago

On January 1, the first day of the fiscal year, a company issues a $1,450,000, 5%, five-year bond that pays semiannual interest

11111nata11111 [884]

Complete Question:

On January 1, the first day of the fiscal year, a company issues a $1,450,000, 5%, five-year bond that pays semiannual interest of $36,250 ($1,450,000 × 5% × ½), receiving cash of $1,408,720

Journalize the first interest payment and the amortization of the related bond discount using the Straight line method

Answer:

Kindly check Explanation

Explanation:

Given the following :

Face value of bond issued = $1,450,000

Cash received on Issuance = $1,408,720

Number of Interest payment on bond = 5 × 2 = 10(semiannual)

Therefore, discount on bond :

$(1,450,000 - 1,408,720) = $41,280

Spreading or amortizing diacou t on bond over the bond duration (use te straight line method)

Discount / period

$41,280 / 10 = $4,128

Interest expense a/c Dr $40,378

To discount on bond payable a/c Cr $4128

To cash a/c $36,250

7 0

3 years ago