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alisha [4.7K]
3 years ago
6

As a Certified Management Accountant, Grace is bound by the standards of ethical conduct issued by the Institute of Management A

ccountants. If she accepts an expensive gift from a vendor trying to win a contract with her firm, which of the following standards will she violate?
A.Integrity
b. Confidentiality
C.Competence
D.Objectivity
Business
1 answer:
kiruha [24]3 years ago
6 0

Answer: A. Integrity

Explanation:

The code of ethical conduct by the Professional Accounting body disallows Accountant from collecting or giving gifts as this will be cloud there sense of professional judgement.

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A smooth-talking used-car salesman who smiles considerably is offering you a great deal on a "pre-owned" car. He says, "For 7 an
goldenfox [79]

Answer:

The price of this car=$13,015.925

Explanation:

Given data:

Amount each year=$2,500

Time period=7 years

interest rate=8%

Required:

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Solution:

The Formula we are going to use is:

PV=A*(\frac{1-(1+r)^{-n}}{r})

Where:

PV is the price of car i.e present value

A is the payment made each year

n is the time period in which payments are paid

r is the interest rate

A=$2,500, r=8%=0.08,  n=7

PV=\$2,500*\frac{1-(1+0.08)^{-7}}{0.08} \\PV=\$13,015.925

The price of this car=$13,015.925

5 0
3 years ago
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Explanation:

The efficiency wage theory suggests that increasing wages increases labour productivity which can increase profitability of the firm.

High wages increases the retention rate of labour and their productivity.

7 0
3 years ago
The primary goals of inventory managers are to maintain a sufficient quantity of inventory to meet customers' needs, ensure inve
lapo4ka [179]

Answer:

True

Explanation:

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