Any situation where a potential conflict can arise between the firm's owners and its managers is referred to as a(n): Group of answer choices organisational problem. compensation issue. agency problem. personnel conflict. control issue.

Q: Example Ltd is a manufacturer. Which of the following is an example of the control function in…

A: Answer: Developing corrective actions in response to lower than expected production levels.

Q: What is an agent, and what is a principal? Whatkinds of situations in companies give rise to…

A: Agent: The agent is the person authorized by the principal or business to act on behalf of them.…

Q: In the complex landscape of business decisions, the question of when to drop an unprofitable…

A: Factors to Consider When Dropping an Unprofitable Customer1. **Financial Impact**: Evaluate the…

Q: Identify each of the following as a (a) purpose of an internal control system, (b) principle of…

A: Internal control: Internal control is a process which ensures continuous reliability of…

Q: Which approach to understanding business processes is conducted from a broad organizational…

A: Method of understanding business means how to get know more about our business , how to do business…

Q: A company's strategy should be limited by its existing resources The management accountant should…

A: A company's strategy should be limited by its existing resources: - FALSE A good strategy will help…

Q: Explain the problems associated with lack of director independence.

A: An independent director is a director of board of directors who does not have a material…

Q: Which is NOT included as concept or aspect of management? a. It is concerned with all kinds of…

A: Correct answer is option (d) It applies only to top level management.

Q: Assume you are the manager of this area in a small firm. What internal controls and segregation of…

A: complete solution given belowExplanation:As a manager, it's crucial to implement internal controls…

Q: In order to decide whether the firm will be better off joining two distinct activities under unified…

A: Here discuss about the details of importance of the incentives which are provided to the employees…

Q: How can management accounting principles and procedures aid managers in making sound company…

A: Accounting is how a firm's financial transactions are documented and communicated to the end-users;…

Q: Which of the following is a characteristic of Managerial Accounting? A) Users include investors and…

A: Managerial accounting -   managerial accounting is the process of - Identification  - measurement…

Q: In managerial decision-making, a company must collect relevant information to use in the evaluation…

A: Managerial decision-making is a process aimed at resolving identified problems and enabling…

Q: In which of the following responsibility centers does the manager have responsibility for and…

A: Responsibility Centre is one of the segments of a company that allows the managers to perform…

Q: Which of the following policy decisions directly affectsemployees’ attitudes and work behaviors?…

A: employees are an inseparable part of any organization. All the planning done by the top management…

Q: Which of the following statements is true? A cost center is a responsibility center. The basic…

A: A cost center is a responsibility center. This statement is True. A cost center is a responsibility…

Q: Is it true that  IT governance is an issue for executives and top management. Lower-level managers…

A: SOLUTION   EXPLANATION - IT GOVERNMENT SHOULD ALSO INCLUDES LOWER LEVEL MANAGEMENT EMPLOYEES WITH…

Q: When a manager seeks to achieve personal departmental objectives that may work to the detriment of…

A: In the given situation, it it observed that the manager is focused on achieveing the departmental…

Q: Organization Structure refers to a. Making necessary arrangements for procuring required manpower…

A: Organization structure means the layer of organization where every duties and responsibility of each…

Q: conflicts that can arise when a company is owned by group of shareholders but managed by a different…

A: The shareholders are owners of the business. As per agency theory, the management act as agents on…

Q: The agency problem between shareholders and managers is the result of separation of ownership and…

A: The agency problem is a basic concepts in corporate finance that explains the conflict of interest…

Q: In a decentralized accounting system, a company that gives a manager responsibility over revenues,…

A: Cost Center: The centre where manager shall be responsible for the controlling costs incurrence in…

Q: 16. The primary goal of managerial accounting is to provide information to: a. creditors b.…

A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: Why companies tend to form teams in handling many and assignment in the organizations?

A: A team is a group of people working in a company who join together to complete a specific task. Each…

Q: Which type of organization that manager does not have direct control over its members? a. Internal…

A: External organization : External organization means public, Society, Body corporate, Government etc.…

Q: briefly, discusses accounting and marketing—areas where conflicts can occur and where cooperation…

A: Accounting:   Accounting refers to the process of recording the financial transactions of the…

Q: What is the strategic value of the DuPont chart?

A: The DuPont chart, which was popularized by the DuPont Corporation, is a framework for analyzing…

Q: Which of the following is not a common feature of an internal control system? Multiple Choice…

A: Internal control systems are the rules and procedures implemented by an entity to ensure the…

Q: PAT assumes that managers behave in an efficient manner a. non b. False c. True d. depends on the…

A: Positive accounting theory states what will be the impact of new actions which firms choose in…

Q: "Controlling is very important for increasing the performance of employees in an organization." How…

A: Controlling is the process through which objective achievement can be made easier and effective.…

Q: Using an imaginary company draft a conflict of interest policy for the entire organization

A: answer A conflict of interest policy is used to draft procedure for employees when a possible…

Q: not use ai please

A: Importance of Workforce Engagement in Operations Management Workforce engagement is vital in…

Q: what is implicationstion if management refused to sign a management representative letter? If…

A: Management Representative Letter: It is the letter that is signed by the senior management of the…

Q: Which of the following measures both efficiency and effectiveness? O a social responsibility Ob…

A: Efficiency and effectiveness are the elements of any work to be done and both these components go…

Q: is not an objective of managerial accounting? a. To prepare external reports for investors,…

A: Management accounting is important because it help us to  analyse in order to make better decisions…

Q: agency costs may occur if  A. Managers make decisions for their own best interest  B. Managers may…

A: Agency costs refer to the expenses incurred by a principal-agent relationship due to conflicts of…

Q: ng does not describe a management control system? OA. A system that only measures profitability…

A: As we know that , a management control system (MCS) is a system which collects and uses information…

Q: Evaluating employee performance and making strategic decisions are two examples of how managerial…

A: Examples of how managerial accounting information is used, Evaluating Employees Performance Making…

Q: Agency theory suggests that one way to motivate managers to act in the best interests of the…

A: Here discuss about the details of the agency theory which act against disputes and problems which…