The amoral view of social responsibility focuses on the activities of the firm that already conform to usually accepted or established patterns of conduct. O a. FALSE O b. TRUE
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The amoral view of social responsibility focuses on the activities of the firm that already conform to usually accepted or established patterns of conduct.
O a. FALSE
O b. TRUE
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- Which one is false? A. The agency is defined as a relationship by consent between two parties, whereby one party agrees to act on behalf of the other B. Agency theory assumes that a conflict of interest exists between the owners of a firm and the managers C. Generally agency costs of a firm are not controlled by firm itself D. Financial reporting may provide the information for the potential agency costs of the firmA process that create a financial position that offsets the risk of an ongoing business process is which method of handling risk? Transfer the risk Keep the risk Avoid the risk Mitigate the riskChoose the correct statement about objectives of Financial Management: O a. Timely payment of wages is Operational objective O b. All of these O c. Fair settlement with suppliers is Social objective O d. Safety of investments is Social objective
- Business is a sub- system of Society‟. Which of the following option supports this claim? Choose correct answer a. Corporate Social Responsibility. b. Corporate Governance. c. Governing Principles. d. Ethics.Which of the following objectives of the company creates immoral practices such as: corrupt practice, unfair trade practice, etc.? Select one: A. None of the given options B. Profit Maximization C. Welfare Maximization D. Wealth MaximizationWhich of the following does not describe a management control system? A. establishes a companys strategic goals B. implements a companys strategic goals C. monitors a companys strategic goals D. a system that only measures profitability
- Which one of the following characteristics of the positive accounting theory brings forward the problem of Opportunistic Behavior? Oa. It wants to minimize costs associated with contracts of the firm. O b. It recognizes the flexibility in choosing accounting policies by the firm. O c. It recognizes the existence of economic consequences in the firm. O d. It aims to maximize the prospects for survival of the firm.Assets are the resources of a company and are expected to yield future benefits. Group of answer choices True FalseWhich of the following is the overarching principle that a financial manage should follow when making decisions? O Decisions should generate the greatest benefits for the firm. O Decisions should be on behalf of the firm's owners that give the greatest benefit those owners, the firm's employees and the firm's other stakeholders. O Decisions should provid benefit to the firm without incurring costs. O Decisions should increase the value of the firm to its investors.
- From a financial reporting standpoint, what form of compensation is most desirable for the firm?Why are managers, rather than employees, more likely to engage in unethical behavior in capital and investment processes?What is NOT a question that needs to be answered when completing financial due diligence? A. Is the company worth what it seems to be? B. Is the deal worth doing? C. All of these choices are questions that need to be answered l. D. Are these any major risks that could be a problem?