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alukav5142 [94]
3 years ago
14

Which one of the following statements is TRUE? a. One tool of corporate governance is the location of the company headquarters.

b. An example of an agency relationship is when a supervisor hires a forklift operator. c. One tool of corporate governance is the use of accounting control systems. d. One tool of corporate governance is a company's tax avoidance strategy. e. An example of asset switching is an option to exchange one piece of real estate for another
Business
1 answer:
Anit [1.1K]3 years ago
6 0

Answer:

The correct answer is letter "C": One tool of corporate governance is the use of accounting control systems.

Explanation:

Corporate governance includes the rules, practices, and processes a company counts on at the moment of handling its operations. Corporate governance walks hand-in-hand with the firm's management since thanks to the administration of the entity the corporate governance of a firm can be implemented.  

<em>Accounting tools are part of the different systems a company selects to operate within its corporate governance.</em>

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Advantages of road transport over rail transport
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Answer:

road transport offer door to door service while rail transport can't offer

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3 years ago
A construction company provides hard hats to employees working at a construction site. This measure taken by the company for its
Sliva [168]

Answer:

<u>d. Occupational Safety and Health Act.</u>

Explanation:

When a company provides necessary instruments for the safety of employees in carrying out their tasks, this means a provision of the Occupational Health and Safety Act.

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3 years ago
Read 2 more answers
e Arlington Motor Pool Internal Service Fund had the following transactions and events during January 2018. Using the "Additiona
Akimi4 [234]

Answer:

Journal Entries

1) Debit Salaries Expense $6,667 Credit Bank $6,667

2) Debit Fuel and Maintenance expense $600, Credit Bank $600

3) Debit Depreciation Expense $amount Credit Accumulated depreciation $amount

4) Debit Insurance Expense $amount Credit Bank $amount

5) Debit Benefit Expense $amount Credit Accrued Benefit Expense $amount

6) Debit Accounts Receivable ( total of all trips) $amount Credit Service Revenue $amount

Explanation:

The Question is incomplete but i will do the typical journal entries to the transactions without figures.

1) The salaries are for one month and in brackets there is a $80,000*1/12 calculation meaning the $80,000 is for the year, now if it was already recorded then we debit salaries payable $6,667 credit bank $6,667

4) Insurance expense is debited if it is paid as it is incurred but if it has an Prepaid insurance account then we credit the Prepaid insurance account instead of Bank.

4 0
3 years ago
9) An investment of $20,000 earns interest at an annual rate of 3.6% compounded continuously. a) Find the instantaneous rate of
Butoxors [25]

Answer:

a) The instantaneous rate of change of the amount in the account after 3 years = dA/dt = 802.114

b) The instantaneous rate of change of the amount in the account when the amount is equal to $25,000 = dA/dt = 900

Explanation:

The detailed step by step and appropriate derivation is as shown in the attachment

6 0
3 years ago
On January 1, 2020, Levy Company issues 100 x 5% bonds with a face value of $1500, The bonds mature on December 31, 2030 and pay
JulsSmile [24]

Answer:

$150,000

Explanation:

Calculation for the amount of Cash raised for the Levy Company

Using this formula

Cash raised for Levy Company = Number of Bonds * Face value of the Bond

Let plug in the formula

Cash raised for Levy Company = 100 * $1,500

Cash raised for Levy Company = $150,000

Therefore the amount of Cash raised for the Levy Company will be $150,000

8 0
3 years ago
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