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3 years ago

The "principal-agent problem" often arises in public choice when politicians pursue the best interests of their constituents

1 answer:

3 0

The "principal-agent problem" is when one person can make a decision on behalf of someone else that impacts the "principal". The agent works to favor the interests of the principal and receives incentives for doing so in return. The agent can get into a conflict of interest or make morally wrong decisions in favor of the principal they are helping.

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Ron Jones has been a trusted employee for over 10 years. He is responsible for ordering merchandise inventory, receiving the inv

ch4aika [34]

Answer:

Segregation of duties.

Explanation:

Segregation of duties -

The concept of segregation of duties is based on the shared responsibilities .

It refers to the method of assigning different person for different task , is referred to as segregation of duties .

It is the fundamental building block for running a business efficiently , in order to reduce any management risk .

In the business it is the major case of any fraud or error , as one person is responsible for maximum duties functioning in the business .

Therefore , it is import to divide various duties .

Hence , from the given scenario of the question,

The correct answer is segregation of duties .

5 0

3 years ago

What is a disadvantage of a free market economy?

Nesterboy [21]

The answer to your question is Stability

3 0

3 years ago

Read 2 more answers

Zoe Corporation has the following information for the month of March: Purchases $92,000 Materials inventory, March 1 6,000 Mater

Rufina [12.5K]

,Answer:

Zoe Corporation

Statement of Cost of Good Manufactured For the Month Ended March 31

Work in Process Inventory 22,000

Direct Materials:

Materials inventory, March 1 6,000

Purchases 92,000

Less Materials inventory, March 31 ( 8,000)

Cost of Materials used in Production 90,000

Direct Labor 25,000

Factory Overhead 37,000

152,000

Total Manufacturing Cost 174,000

Less Work in Process Inventory, March 31 (23,500)

Cost of Goods Manufactured 150,500

7 0

3 years ago

Ambiguity can arise as to whether receivables have been sold or instead are being used as collateral for a loan whenever certain

victus00 [196]

Answer:

is whether the transferor surrenders control over the receivables

Explanation:

In Sales of Receivables and Collateralized Borrowing,.companies do not want to wait for payments to arrive as they simply quickens cash collection with help of bank or financing company and also factoring and collateralized borrowings are various means to speed up cash collections. In Collateralized borrowing, receivables are simply collateral. Company gets cash from bank and is saddle with the responsibility for repaying loan.

Issues regarding collateralized borrowing are the sales of receivables had the purchaser is called a factor, borrowing using receivables as collateral and accounts receivable is not wipe off from seller's books.

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3 years ago

Ramon works at Chicago Medical Instruments. His job was recently redefined so that he now has more flexibility in the hours he w

jolli1 [7]

Answer:

Chicago Medical Instruments is trying to change Ramon's job so that it has more:

B. Autonomy

Explanation:

Autonomy means being capable of making informed decisions. In the job is about the freedom an employee has to perfom the work. Chicago Medical Instruments is allowing more flexibility in the hours Ramon works and more say in the procedures he use on the job. So, this is giving him more freedom which means that he has more autonomy.

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3 years ago