Answer:
Fiduciary Duty
1. The two main duties of company directors and top managers are the duty of care and the fiduciary duty of loyalty. The fiduciary duty of loyalty requires that managers act in the best economic interest of the company without engaging in activities that give rise to personal economic conflict.
2. Gaffney did not act ethically in this case. He did not avoid conflict of interest as an officer of Chelsea Corporation.
3. Gaffney and his partners clearly breached their fiduciary duty of loyalty. Within the two years of their employment at Ideal Tape Company, they acted in their personal interest. They were using company resources to conduct researches, setting up a rival company to compete with Ideal.
Explanation:
When a fiduciary duty of loyalty is breached, the corporation can damages. The court will usually base the damages on the salaries of the officer who breached his fiduciary duty within the application period.
Answer:
The answer is: Total goods available
Explanation:
Cost of goods sold (COGS) should include the cost of all the goods sold during the accounting period. The ending inventory is the value of how many goods were left unsold in a company's inventory.
When you add them up, you get the total value of the goods the company had available for sale during the accounting period.
When performing work, there are specific requirements depending on which work Hayleah performs and these are <u>B) </u><u>Government </u><u>auditing </u><u>continuing education </u><u>requirement</u>
When dealing with governmental accounting:
- There are certain rules that must be followed.
- The specific rules imposed are to ensure better management of tax payer funds.
As a result, when a California CPA is involved in governmental work, specific rules known as the government auditing continuing education requirements will most likely apply.
In conclusion, option B is correct.
Find out more about different accounting standards at brainly.com/question/24441480.
The answer is "<span>tend to be inward looking".
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Sales-oriented firms are different from market-oriented firms. Sales-oriented firms are more centered around offering and selling an item than on showcasing or refining it. Organizations with this introduction will ordinarily have a set up sale forces that is offered motivations to select new clients. Productivity is a key marker by which sales-oriented organizations measure their prosperity.