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olasank [31]
3 years ago
5

Mr. Blatt: Expert consultants are sought after by management because they help executives make better decisions. That is why the

y are worth the substantial fees they charge.
Ms. Fring: Nonsense. Expert consultants are hired in order to enable executives to avoid responsibility. The more the experts cost, the more they can be blamed when things go wrong.
Which one of the following, if it occurred, would be the strongest evidence favoring Ms. Fring’s position over Mr. Blatt’s position?
(A) A company that is trying to decide whether to move its manufacturing plant hires an expensive expert to conduct a cost/benefit analysis.
(B) Two competing companies faced with very similar problems adopt different solutions, one with the help of a consultant, one without.
(C) A successful firm of expert consultants seeks to increase its volume of business by reducing its fees, but its volume of business drops.
(D) An expert consultant builds up a successful business by charging clients a substantial percentage of the amount an independent assessor judges that the consultant saved the company.
(E) A company follows a consultant’s advice to open two new stores, but both stores are only marginally profitable at first.
Business
1 answer:
Sidana [21]3 years ago
6 0

Answer: C) A successful firm of expert consultants seeks to increase its volume of business by reducing its fees, but its volume of business drops.

Explanation:

Mr. Fringe says that the more expensive a consultant is, the more they can be blamed. This means that the kor expensive a consultant is, the more they will be sought after in order for the company to blame them.

When a successful firm of consultant reduced their prices and became cheaper, less people wanted to hire them. This therefore supports the logic of Mr. Fringe as a lower cost led to the consultants being less sought after.

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not me i play buildroyal.io

Explanation:

5 0
3 years ago
When the Central government cut taxes and increases spending to stimulate the economy during a period of recession, such actions
Mkey [24]

Answer:

The correct answer to the following question is C) counter cyclical fiscal policy.

Explanation:

Counter cyclical fiscal policy can be defined as a strategy implemented by the government to counter boom or recession in the economy through the fiscal measures. This opposite approach which government uses, like if there is recession in the economy, where demand is low and growth rate is also low, then government here would employ counter cyclical policy where they will reduce taxes and increase the expenditure, which will lead to increase in demand and growth rate, and thus would help in stabilizing economy.

3 0
3 years ago
Dynatech issues 1,000 shares of $10 par value common stock at $12 per share. When the transaction is recorded, which accounts ar
morpeh [17]

Answer:

Common Stock $10,000 and Paid-in Capital in Excess of Par Value $2,000

Explanation:

The journal entry to record the issuance of common stock is presented below:

Cash A/c Dr $12,000         (1,000 shares × $12)

    To Common Stock $10,000        ($1,000-× $10)

    To  Additional Paid-in Capital in excess of par - Common Stock $2,000

(Being the issuance of stock is reported and the remaining balance i.e $2,000 is credited to the additional paid-in capital account)

While issuing the stock, we debited the cash account as there is a cash inflow and credited the common stock and additional paid-in capital account as the share is issued which affect the stockholder equity

7 0
3 years ago
Orlando, the owner of a belgian event-planning company called memory makers, plans to open a marketing company that focuses on p
schepotkina [342]

Kick start will be totally owned and controlled by memory makers, which makes kick start a subsidiary of memory makers.

<h3>What is a Subsidiary?</h3>

This refers to the branch of a company which performs a different function from the parent company but has the same vision and mission which is to increase profit and sales.

With this in mind, we can see that because Orlando who owns an event planning company opens a marketing company so as to focus on product launches, this shows that they are a subsidiary.

Read more about subsidiary here:
brainly.com/question/4688609

5 0
3 years ago
The following merchandise transactions occurred during December for two different companies: Rippen
kondaur [170]

The accounting entries for Rippen Corporation is recorded as follows:

December 3,

DR Accounts Receivable (Burnen Corp.) $480,000

CR Sales $480,000

DR Cost of Goods Sold $320,000
CR Inventory $320,000

December 8,

DR Sales Return $30,000

CR Accounts Receivable $30,000

DR Inventory $20,000

CR Cost of Goods Sold $20,000

December 12,

DR Cash $441,000

DR Credit Discount $9,000

CR Accounts Receivable $450,000

<h3>What is Journal Entry?</h3>

A journal entry is recorded for the transactions of a company in the relevant period, the entry that is recorded is also known as the double entry. These journal entries are then used to prepare T-Accounts, an then trial balance is made and ultimately income statement and balance sheet are made.

The transaction includes a discount of 2% as credit discount for the payment being made within 10 days.

Learn more about Journal Entries at brainly.com/question/27076717

#SPJ1

5 0
1 year ago
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