1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Sloan [31]
3 years ago
7

Becker & smith, cpas, and its client, troper lighting, are discussing a possible advisory engagement in which the firm would

review troper's accounts receivable system and recommend changes that would streamline the company's collection process. troper will pay becker & smith a fee based on improved performance in accounts receivable collections. would this contingent fee arrangement raise any ethical concerns under the profession's rules?
Business
1 answer:
Archy [21]3 years ago
5 0

Yes, If Becker & smith also performed a review engagement for troper

Explanation:

If the company already makes a customer review obligation it would add to a conflict of interests to participate into a contingent fee deal.

AICPA explicitly prohibits its participants to join into contingent fee contracts if they still provide audit or assessment of financial statements to such customers.

As a defendant, they pay no attorney fees, until then and until they sue, and then the prosecutor collects a share of your payments for recuperation. The fundamental concept of this contingency fee arrangement is that the defendant has little to no upfront costs. There is no court charge for the prosecutor should you lose your lawsuit.

You might be interested in
The SUV division of a major automobile corporation decides to release a new model a month ahead of its stated release and notifi
Sonbull [250]

Answer:

Here the department manager has to alter his functional level plan in order to accommodate to the earlier release date.

Explanation:

A functional plan is very necessary in order to maintain the smooth functioning of each and every department and to make sure these departments achieve maximum performance. These plans are built specifically for certain activities within the company ( as here it would be build for the release of new SUV model ) . This plan will demonstrate when , how, and where a organizations objective will be met for each department.

5 0
2 years ago
A decentralized organizational structure is predicated on a belief that A. decision-making authority should be put in the hands
Rzqust [24]

Answer:

A. decision-making authority should be put in the hands of the people closest to and most familiar with the situation, and these people should be trained to exercise good judgment.

Explanation:

A decentralized organization can be defined as one whose decision-making process is not only in the hands of top management, that is, in this type of decision making, employees of lower hierarchical levels also participate in essential company decisions, therefore the alternative best suited to the beliefs of a decentralized organizational structure is that decision-making authority should be placed in the hands of the people closest to and most familiar with the situation, and these people should be trained to exercise common sense.

Some factors that contribute to this type of structure are the organizational culture, the work environment, the organizational strategy, etc.

Some of the advantages of decentralization are the reduction of time for an important decision and the engagement of the team of employees to assist in the decision-making process, which consists of greater motivation and job satisfaction

8 0
3 years ago
Bond portfolio immunization techniques balance ________ and ________ risk. price; reinvestment price; liquidity credit; reinvest
noname [10]

Answer:

The correct option is (A) price; reinvestment

Explanation:

The bond immunizatio refers to a strategy i.e. related to the investment that used for lowering the rate of interest and the risk of the bond via adjusting the time period of the portfolio for matching out with the investor time period of the investment.

In the case when there is a fall in the rate of interest so the immunzation would defines the appreciation of the price that compensatin the risk reinvestment

Hence, the correct option is (A) price; reinvestment

4 0
2 years ago
Consider the assembly line of a laptop computer. The line consists of 11 stations and operates at a cycle time of 1.50 minutes/u
allsm [11]

Answer: 13.5 minutes

Explanation:

Information turnaround time = Cycle time * Number of stations after error is made.

The most error-prone operation is step 2 so assuming an error happens there, there will be 9 more stations in the line.

Information turnaround time will therefore be:

= 1.50 * 9

= 13.5 minutes

8 0
3 years ago
what is a graphical representation of the combination of goods and services that can be produced in a situation
Komok [63]

Answer: Production possibility frontier (PPF).


Explanation: PPF is curve on a graph which depicts the situation which you have asked in a question. For your ease i will upload a picture of that curve so that you can understand the answer better. For better understanding the graph below uses the example of Cotton as a good.

3 0
3 years ago
Read 2 more answers
Other questions:
  • French and german managers tend to use work-centered and _____ approach to leadership.
    8·1 answer
  • A recall has been issued for specific brand of orange juice the store manager his match the information from the recall notice t
    8·1 answer
  • The stock of Wheel Corporation, a U.S. company, is publicly traded, with no single shareholder owning more than 5 percent of its
    15·1 answer
  • ne of the most important components of stock valuation is a firm’s estimated growth rate. Financial statements provide the infor
    13·1 answer
  • A nondurable good is defined as a(n)
    6·1 answer
  • Kellogg's sells many different breakfast cereals, including Corn Flakes, Rice Krispies, Frosted Flakes, Raisin Bran, and Special
    9·1 answer
  • Ecolap Inc. (ECL) recently paid a $1.26 dividend. The dividend is expected to grow at a 20.16 percent rate. At a current stock p
    9·1 answer
  • Big Ed's Electrical has a pure discount bond that comes due in one year and has a face value of $1,000. The risk-free rate of re
    6·1 answer
  • Wally's Party Warehouse provides wholesale party equipment and materials to Party Shops. In 2019, Wally's Party sold 30 bounce h
    13·1 answer
  • melissa wants to retire with $40,000 per month. she needs $4,000,000 in principal at the time she retires in order to generate t
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!