Answer:
True
Explanation:
The reason is that all the management owe fiduciary duties towards the shareholders and the corporation as well because the managers are acting as an agent and their principal is shareholders are principal so the agent must act in the best interest of the principal and shareholder's best interest here is long term success of the company with no fraudulent activities in the company. This law protects the shareholders by stating that management owe fiduciary duty to shareholders which is a true statement.
Answer:
YES
Explanation:
Information systems can in fact provide solutions to a lot of organizational problems in businesses and companies. Information Systems can help collect data, statistics, and overall organization. Let's say you are looking into starting a moving business. In order to do that you need to hire employees. An information system such as Indeed can assist you with that. If you are looking to provide invoices to your customers an information system such as Quickbooks can help you with that. There are soo many Information Systems our there that can help a business with any problem.
Answer:
PLAN A:
(120 * 0.39) + (40 * 0.19) + 20 = $74.40
PLAN B:
(120 * 0.49) + (40 * 0.14) + 20 = $84.40
PLAN C:
$20 + $75 = $95 ;
PLAN A is optimal from 0 to 192 minutes
PLAN C is optimal from 192 minutes onward ;
Explanation:
PLAN A :
Service charge = $20
Daytime = $0.39 per minute
Evening = $0.19 per minute
PLAN B :
Service charge = $20
Daytime = $0.49 per minute
Evening = $0.14 per minute
PLAN C :
Service charge = $20
225 minutes = $75
Minutes beyond 225 = $0.36 per minute
A.)
Determine the total charge under each plan for this case: 120 minutes of day calls and 40 minutes of evening calls in a month.
PLAN A:
(120 * 0.39) + (40 * 0.19) + 20 = $74.40
PLAN B:
(120 * 0.49) + (40 * 0.14) + 20 = $84.40
PLAN C:
$20 + $75 = $95
b. If the agent will use the service for daytime calls, over what range of call minutes will each plan be optimal?
PLAN A:
20 + 0.39D = 95
0.39D = 95 - 20
D = 75 / 0.39
D = 192.31
Answer:
False
Explanation:
It is FALSE that Month-end and Year-end process helps to write-off bad debts.
This is because both month-end and year-end processes are processes specifically carried out to adjust all account balances to make and depict the actual financial activities of the firm. This assists the firm's management team to make a further decision, but not to just write-off bad debts.
Bad debt is written off only when a customer invoice is deemed to be uncollectible.
Answer:
He can choose to defer the recognition of the income until next year, only if the income is not recognized for financial accounting purposes.
