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natulia [17]
3 years ago
10

Rhonda, a general manager, makes a decision on behalf of the business that leads to some personal financial gains, while the com

pany's owners incur financial loses. Which ethical issue is depicted in this scenario?
Business
1 answer:
noname [10]3 years ago
8 0

Answer:

Conflict of interest .

Explanation:

The scenario depicts a conflict of interest. Rhonda's decision benefits Rhonda at the expense of the company. Rhonda does not fulfill the responsibility to ensure that the company stays profitable, which is a conflict of interest. A conflict of interest, one of the most common ethical issues identified by employees, exists when a person must choose whether to advance his or her own personal interests or those of others.

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8 0
3 years ago
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ABC Tax Planning Service started business in January 2018. The company rented an office for 7,000 per month starting from Januar
Jet001 [13]

Answer:

The answer is: C) $14,000

Explanation:

ABC Tax Planning Services paid six months of rent in advance, from January to July. It spends $7,000 per month on rent, so the six months prepaid rent would be $42,000. On April 30, 2018, ABC had already rented the offices for 4 months, so it had only two months left in its Prepaid Rent account, equivalent to $14,000 (2 x $7,000).

3 0
3 years ago
Perez Company acquires an ore mine at a cost of $1,400,000. It incurs additional costs of $400,000 to access the mine, which is
Amiraneli [1.4K]

Answer:

total cost of mine  = $1,400,000 + $400,000 = $1,800,000

estimed number of tons of ore = 1,000,000

residual value of land at the end of the mine =  $200,000

depletion expenses  per ton of ore =  ($1,800,000 - $200,000)/1,000,000

                                                          =  $1,600,000/1,000,000

                                                          = $1.6/ton

total depletion expenses  for the first year =  Ddepletion expenses per ton x number of ton of ore produced

                                                                 =  $1.6 x 180,000  

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Explanation:

3 0
3 years ago
Small businesses that are just getting off the ground often have problems with the difference between cash coming into the busin
Hatshy [7]

Answer: cash flow

Explanation:

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The cash flow is an important financial statement of any business. It's vital for all businesses to keep a watch on their cash flows. This is vital in knowing if the business is making a profit or loss.

5 0
2 years ago
How do you feel about testing?
Andru [333]
Answer:

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Explanation:
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2 years ago
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