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
Kipish [7]
3 years ago
14

When does a conflict of interest occur???

Business
1 answer:
Ahat [919]3 years ago
3 0
Occurs when employee has an interest that provides an incentive to do his or her job in a way that serves that interest and not necessarily the interest of the employer he or she his obligated to serve
You might be interested in
Lewis Company had the following transactions involving notes payable.
Fiesta28 [93]

Answer and Explanation:

The journal entries are shown below

1. Cash Dr $50,500

        To Note payable $50,500

(Being the amount borrowed is recorded)                    

2. Cash Dr $61,200

        To Note payable $61,200

(Being the amount borrowed is recorded)          

3. Interest expense $2,020

         To Interest payable $2,020

(Being the interest expense is recorded)

The computation is shown below:

= $50,500 × 8% × 6 months ÷ 12 months

= $2,020        

4. Interest expense $612

         To Interest payable $612

(Being the interest expense is recorded)

The computation is shown below:

= $61,200 × 6% × 2 months ÷ 12 months

= $612    

5. Note payable $61,200

    Interest expense $306

   Interest payable $612

          To Cash $62,118       ($61,200 + $918)

(Being the principal and the interest is recorded)

= $61,200 × 6% × 3 months ÷ 12 months

= $2,020

5. Note payable $50,500

    Interest expense $1,010

   Interest payable $2,020

          To Cash $62,118       ($50,500 + $3,030)

(Being the principal and the interest is recorded)

= $50,500 × 8% × 9 months ÷ 12 months

= $3,030

8 0
3 years ago
Specialization:
AysviL [449]

Answer:

Specialization can lead to an increase in overall production

Explanation:

We specializes in something we are skilled at and will become better at and so we will be able to produce more of that goods and services

8 0
3 years ago
To close the drawing account with a debit balance, credit the account for its balance and debit the owner's capital account. tru
pav-90 [236]
False is the answer.
8 0
3 years ago
In the context of factors that influence the motivation to learn, when an organization seeks to convince employees that they can
BabaBlast [244]

Answer:

D. The Self-efficacy of employees.

Explanation:

Self-efficacy refers to what you believe about yourself, rather than how you truly are. An employee with low self-efficacy runs the risk of performing tasks below her actual ability level because she believes she can only perform to that level, and she may not recognize her aptitude to do the work.

Organizational leaders and performance managers use the term self-efficacy to describe an individuals' belief in their own ability to successfully complete a task. ... All employees should be assigned tasks that are the best possible fit for their knowledge, skills, and abilities.

5 0
3 years ago
Read 2 more answers
The Blue Bird Bus Company in Georgia sells buses to the South African government. To South Africa, these buses are an example of
Stolb23 [73]

Answer:

Imports.

Explanation:

Globalization can be defined as the strategic process which involves the integration of various markets across the world to form a large global marketplace. Basically, globalization makes it possible for various organizations to produce goods and services that is used by consumers across the world.

The world trade organization (WTO) is an intergovernmental organization that set rules, policies and regulates global trade across the world.

In this scenario, the Blue Bird Bus Company in Georgia sells buses to the South African government. To South Africa, these buses are an example of imports.

An import can be defined as a type of trade which typically involves the purchase of goods and services from a foreign country for domestic use.

7 0
2 years ago
Other questions:
  • What season comes next after winter?
    14·2 answers
  • Suppose that each country completely specializes in the production of the good in which it has a comparative advantage, producin
    15·1 answer
  • You are considering a 10-year, $1,000 par value bond. Its coupon rate is 8%, and interest is paid semiannually. If you require a
    13·1 answer
  • There are external benefits associated with the production of batteries. Without government regulation, the market will:
    15·1 answer
  • 2. List and explain the components of the money supply
    6·1 answer
  • Verslas is a firm operating in a monopolistically competitive market. It is currently maximizing profit with an output of 1,200
    7·1 answer
  • Financial statements are inexorably moving to a model where all assets and liabilities will be measured on the basis of fair val
    12·1 answer
  • Darrell and Jim are planning to run in their office-sponsored marathon and plan on joining a gym to train.Darrell finds that gym
    12·1 answer
  • There are not enough goods and services to meet the wants of the population
    13·1 answer
  • The Federal National Mortgage Association (Fannie Mae) was originally established to provide a secondary market for FHA-insured
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!