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3 years ago

Lisa is the CEO of a corporation. As such, she is authorized to make daily operating decisions for

Business

1 answer:

IrinaK [193]3 years ago

5 0

Answer:

Principal-agent relationship

Explanation:

The principal Agent relationship is where a person or group of persons duly authorizes another to act on their behalf. Usually, the principal has more authority or is more senior and instructs the agent to represent them in certain aspects. The principle Agency relationship empowers the agent to act on behalf of the principal.

Lisa and the shareholders are a good example of a principal-agent relationship. Lisa, the CEO, should act in the best interests of the shareholder. Here, Linda is the agent who has been authorized to act on behalf of the shareholders, the principal.

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Excerpt from Areojet Corporation records for month of February: Per Unit Per Month Selling price $ 200,000 Direct materials used

EastWind [94]

Answer:

Work in process= $192,000

Explanation:

Giving the following information:

Direct materials used in production 40,000

Direct labor 10,000

Variable manufacturing overhead 2,000

Fixed manufacturing overhead $ 140,000

<u>The absorption costing method includes all costs related to production, both fixed and variable</u>. The unit product cost is calculated using direct material, direct labor, and total unitary manufacturing overhead.

Work in process= 40,000 + 10,000 + 2,000 + 140,000

Work in process= $192,000

7 0

3 years ago

Why was it sometimes difficult to balance a checking account to a statement?

Juliette [100K]

Because sometimes the check written after the statement closing dates.

Lets say a company do a closing statement on December 26.

A check written between that date until the end of period ( December 26 - December 31), that transaction simply won't appear on the book because the company already closed the statement on December 26

6 0

3 years ago

Emmy worked late nights at a convenience store. One night, Emmy discovered that the ""emergency alert"" security system was not

Margaret [11]

Answer:

The correct answer is letter "A": for negligence because the harm was foreseeable.

Explanation:

In Law, foreseeability is a concept related to what the proximate causes could be after an event. The concept is helpful to determine the limit of liability according to the primary event that happened and the type and manner of harm. The harm caused by rescuers like firefighters and negligence of health care providers like doctors and nurses is considered foreseeable.

<em>In Emmy's case, the repeated thefts to the store where she works while having a nonfunctioning alarm (negligence) make the store owner liable for the injuries caused by a perpetrator who broke Emmy's leg during a robbery since that event was foreseeable.</em>

6 0

3 years ago

After first obtaining a real estate sales license, said licensee must take how many DRE core three-hour approved continuing educ

Thepotemich [5.8K]

Answer:

Explanation:

8 0

3 years ago

Which of the following is not considered a credit?

Serga [27]

Answer:

which of the following is not considered a credit?

overdraft fee

Explanation:

5 0

3 years ago