Is  a rule of Contra Proferentum defensible in today’s business environment? Explain with example

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: Discuss how earnings management is used as a tool to reduce sensitivity to political pressure.

A: Earning management is being associated with the use of discretionary accounting accruals in order to…

Q: Can a business do without managerial accounting ?

A: Business is defined as any unit that is engaged in executing activities. They may be involved in…

Q: What do you think is the main issue of conflict between the stockholders and managers?

A: There are various conflicts of interest that can impact manager's decisions to act in shareholders'…

Q: Discuss why it is difficult for established companies to innovate in their business models? What…

A: In today's dynamic and competitive business landscape, established companies often face the daunting…

Q: Discuss the dangers of ignoring the impact of business decisions on the full range of stakeholders,…

A: In every business, decision-making is the most important thing for business continuity. Businesses…

Q: is there is a evidence that a more robust corporate governance could avert unethical issues?

A: Corporate governance is important as it makes the rules and regulations for the smoothening of…

Q: Why accountants are not afraid of subjectivity? Theory

A: An accountant is a professional who handles accounting tasks like account analysis, auditing, and…

Q: Which of the following is not a test of an ethical business decision as suggested by the Institute…

A: 3 simple ethical tests to use when making a business decision have been identified by the Institute…

Q: Hów wéll dó órdinary people and corporate executives conform to the way neo-classical economic…

A: Neo classical theory assumes that market forces of demand and supply are responsible for market…

Q: incentives of business profits create unwarranted influence in times of war

A: Business have the objective of making more profits but at the time of war like situations this…

Q: Managers of corporations need to act in an ethical manner O because ethical behavior is its own…

A: Managers of corporation are the representatives of the company or corporation. They must act…

Q: Explain why it would be problematic for Company not to comply with good corporate governance…

A: Corporate governance refers to the system of rules, practices, and processes by which a company is…

Q: how does being unethical in the financial industry affect communication with clients?

A: In the financial services industry an agent or the concerned company (which is the financial…

Q: What are some actions an entrenched management might take that would harm shareholders?

A: Entrenched management basically means that the senior management has grown so powerful that they can…

Q: How can business benefit from a good corporate governance

A: Corporate Governance refers to the means a company is ruled. It’s the technique by that firm's…

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: nature of corporate governance damages the financial stability c

A: Option "b" is wrong because compliance of corporate governance with formal laws will result in…

Q: Which of the following objectives of the company creates immoral practices such as: corrupt…

A: In Welfare maximisation, company works for the wellbeing of society, people, environment etc. If an…

Q: What are the common barriers to entry that the entrepreneurs can experience in business operation?

A: Barriers to entry are the obstacles or hurdles that make it difficult or prevent new enterprises to…

Q: How does the changes of CARES and NOL affect businesses and do you belief that it is going to…

A: The Coronavirus Aid, Relief, and Economic Security (CARES) Act and the changes it brought to the Net…

Q: true or false  One challenge corporate entrepreneurs face is they are likely to face hostile…

A: A hostile attack refers to a deliberate and aggressive act carried out with the intention of causing…

Q: Explain the relationship between corporate ethics and internal control.

A: Corporate ethics: Corporate ethics are also known as business ethics. It refers to policies,…

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: What is the difference between accounting and business government

A: Accounting: It is the process of recording any financial transactions incurred in the financial year…

Q: Projected sales for Vehicle Z are 224,000 units. Current inventory is 27,000 units and the inventory…

A: PRODUCTION BUDGET Production Budget is a Forecast of the Production for the Budgeted Period of an…

Q: what are some of corporate governance applications out there?

A: Program overview:- This program allows executives and board members of public and private…

Q: What are some of the flaws of teaching accounting only as a skill?

A: Accounting can be defined as the process of recording, analyzing, reporting and summarizing the…

Q: Need Answer please provide Solutions

A: Ethics risk and opportunity management (EROM) expands the scope of traditional risk management by…

Q: Regulators may impose political costs on firms. However, there are ways that some firms practice to…

A: During the past few years, it has been observed that the size of the company and the level of…

Q: Any situation where a potential conflict can arise between the firm's owners and its managers is…

A: Variable in the question:Any situation where a potential conflict can arise between the firm's…

Q: What are the advantages and disadvantages of a ‘comply or explain’ model of corporate governance?

A: "Comply or explain" model of corporate governance - The purpose of 'comply or explain' model is to…

Q: Which of the following term is related to the compliance of business ethics? O a. Public image O b.…

A: The entity needs to comply with their business ethics for long term growth and focus on both…

Q: An objection to managing a firm on behalf of stakeholders rather than shareholders is that​ _

A: Stakeholders are different from shareholders. Stakeholders refer to those who are impacted by the…

Q: How can purchasing managers use their position to defraud the company? What can be done to prevent…

A: Purchasing Manager: The purchasing department is responsible to purchase the assets and hire the…

Q: What is the objective of the firm?  Why?

A: Business firm are defined as the combination of the financial, physical, and the manpower resources,…