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Dahasolnce [82]
3 years ago
8

A consensual fiduciary relationship in which one party acts on behalf of and under the control of another in dealing with third

parties, is the definition of:_______
Business
1 answer:
Jobisdone [24]3 years ago
6 0

Answer: Agency

Explanation: Agency refers to the relationship between an agent and a principal. A principal is someone who is in charge of or owns something. An agent is someone who acts on behalf of the principal in a particular situation. This is a consensual relationship, as the principal requests the agent to act on their behalf. However the agent needs to operate in such a way that there is no conflict of interest between the principal's needs and the agent's needs. The agent has to put the principal's needs first. The agent will then act according to the prinicipal's instructions when dealing with third parties.

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Veseljchak [2.6K]

Answer:

d.when the services are rendered without regard to when cash is received

Explanation:

Accrual based accounting requires that the services should be performed or rendered associated with the revenue when you recognize it. It  does not matter when the cash for the revenue is received. You may received the cash in advance or after some time from you rendering services. As your render the services you can record your revenue.

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hodyreva [135]

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From the above question, Corey has an extensive decision making on toothpaste purchase as he does not have any brand loyalty. He buys whatever brand is available for him to buy and he is not particular about the name, the size or content of the product he is buying.

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Virty [35]

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Compensation for top executives (e.g., CEOs and CFOs) has become more variable over time. For example, recent data show that in
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Because :- CEOs & CFOs can have significant impacts throughout the entire business, & the type of reward plan will encourage the CFOs to work in a more rational manner.

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