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stepan [7]
3 years ago
7

Which of the following could most likely have prevented the accounting scandals of the early 2000s and the global financial cris

is?
A. Adopting a narrow shareholder perspective
B. Separating economic interests and social needs
C. Practicing effective corporate governance
D. Adopting the principles of shareholder capitalism
Business
1 answer:
sveta [45]3 years ago
7 0

Answer:

C. Practicing effective corporate governance

Explanation:

Accounting scandals refer to the scandals of the business that occurs from the change in the financial statements that to be done in a deliberate manner also the disclosing information is misled. It involves an organization as a whole.

In order to prevent the accounting scandals and the global financial crisis it could practicing corporate governance in an effective manner

Hence, the correct option is C.

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The biggest problem faced by less developed countries in financing development is
sashaice [31]

Failure to repay credits is the major problem faced by less developed countries in financing development.  And in addition to that the present procedure came to a head when global leaders assembled in Addis Ababa, Ethiopia, on 13-16 July 2015 at what’s formally called the Third International Conference on Financing for Development. To see all of Citiscope’s recording on the Financing for Development process from an urban viewpoint.

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7 0
3 years ago
Absolute Company has a manufacturing facility in Brooklyn that manufactures robotic equipment for the auto industry. For Year​ 1
madam [21]

Answer:

Direct material price variance= $400 favorable

Explanation:

Giving the following information:

Actual quantity purchased 200 units

Actual price paid $8 per unit

Standard price $10 per unit

<u>To calculate the direct material price variance, we need to use the following formula:</u>

Direct material price variance= (standard price - actual price)*actual quantity

Direct material price variance= (10 - 8)*200

Direct material price variance= $400 favorable

7 0
3 years ago
Gifts Galore had sales revenue of $189,000. Total contribution margin was $100,170 and total fixed expenses were $27,500. The co
sdas [7]

The contribution margin ratio was 53%

<h3>What is  margin ratio?</h3>

Profit margin is a metric for determining profitability. It is calculated by calculating profit as a percentage of revenue. Profit margins are classified into three types: gross profit margin, operating profit margin, and net profit margin. Gross profit margin is calculated by dividing gross profit by net sales.

According to AccountingTools, the pricing margin, also known as the profit margin, on any product you sell is the difference between your cost and the price at which you sell the product to your customers. As an example, suppose you buy an item for $5 and sell it for $10 in your business. ​

To know more about  margin ratio follow the link:

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6 0
2 years ago
A new​ "smart" refrigerator has been designed with sensors that send information to the manufacturer about the​ refrigerator's u
DedPeter [7]

Answer:

A) the Internet of Things

Explanation:

Based on the scenario being described within the question it can be said that this is a great example of the internet of things. This term, also referred to as IOT, describes a wide array of computing devices that are all interconnected via the internet, allowing them to communicate with one another in order to perform more advanced tasks and share data over a network.

8 0
3 years ago
Read 2 more answers
An information system that analyzes credit card applications and suggests approval or denial is a(n) ________.
tino4ka555 [31]

Answer:

The correct answer is Expert system

Explanation:

An expert system is a computer system that emulates human reasoning by acting as an expert would do in an area of knowledge. Expert systems are one of the applications of artificial intelligence that aims to simulate human reasoning, in the same way as an expert in an area of specialization would.

The scope of these systems is wide, being used in different areas of knowledge such as mathematics, engineering, business organizations, medicine, legal sciences, etc. From this point of view, when applying these systems in the area of financial institutions, those aspects that offer greater reliability in obtaining results must be taken into account.

------

NOTE: If you need to extend the explanation given, you can make a comment or add a new question. I will be very pleased to help you.

8 0
3 years ago
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