What is the concept of apparent authority? Give an example of how it might crop up in the business environment.

Q: What is accounting's role in a company?

A: The companies are run by the stakeholders' to earn the profits. The company hires the employees to…

Q: What are the main drawbacks of adopting the stakeholder approach as the basis for setting the…

A: A business or an organisation is run to achieve the objectives set for the organisation. The…

Q: How would you define business ethics?

A: Business ethics: Business ethics is a practice of suitable commercial rules concerning possibly…

Q: What are different forms of business organization? Write down their advantages and disadvantages.

A: Sole proprietorship, partnership, and company are the three basic types of business ownership. In…

Q: What is the so-called BUSINESS JUDGMENT RULE? Discuss

A: Business Judgment Rule:- The business judgment rule is a presumption that in creating a business…

Q: Why is it important to identify the correct form of organization in a business?

A: Every entity has to setup some particular form of organisation in order to run business and doing…

Q: What is the role of accounting in business?

A: Accounting: Accounting is a process of documenting all the financial transactions of a business…

Q: What is business ethics?

A: Ethics:   Ethics in business is a much debated yet less followed topic. Every business has to…

Q: Why would a start up business transition through organizational forms?

A: Organizational form primarily refers to the type of ownership and legal structure of a business…

Q: Explain the operation of the contra proferentem rule. Is such a rule defensible in today’s business…

A: Contra proferentem rule: The rule of contra proferentem is a legal doctrine in contract law that…

Q: What is the distinction between accounting and business administration?

A: Here is the Answer

Q: What is going concern principle and give the example of business situation of it

A: Going concern principle in accounting refers to the concept which implies  that a business  is…

Q: definition of business ethics?

A: Answer: Concept: Business ethics is also known as professional ethics.

Q: why is the accounting important to a business

A: Accounting: Accounting is a process of recording financial transactions of a business. The process…

Q: What is a business activator?

A: The business is an organization that is managed by a group of people or by an individual to sell the…

Q: d ho

A: Agency relationship : An agency connection can be understood as the fiduciary relationship in which…

Q: What else is bookkeeping, and how does it relate to the corporate world

A: Accounting is the process of recording, summarizing, reporting the financial transactions that take…

Q: A branch of economics relating to the behavior of owners and managers is called as: a. Theory of…

A: Option Explanation a It deals in various theories of economics. b Management theories are…

Q: What are the various forms of business organization? What are the advantages and disadvantages of…

A:

Q: How cultural and political aspects are important for business?

A: Business is influenced by political-economical, environmental, technological, legal, and…

Q: How can an individual who is thinking of going into business evaluate the financial picture of the…

A: Introduction : Finance can be understood as the  lifeblood of any business. Financial performance is…

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

A: Meaning: It is a legal doctrine in contract law which states that any clause considered to be…

Q: What are the different types of business organization?

A: Accounting is primarily concerned with identifying, recording, measuring, summarizing transactions…

Q: Describe how to conduct a stakeholder analysis and your understanding of the basis of stakeholder…

A: The main sign of a growing career is the expanding number of people affected by the actions and…

Q: What are the defferent forms of business organizations

A: Business organizations are commercial enterprises formed for the objective of profit. It includes-…

Q: Why is ethical behavior important to business?

A: Ethics: Ethics is a system of acceptable beliefs to control behavior and activities that are…

Q: What is a business process and what role does it play in an organization?

A: The question is based on the concept of business accounting.

Q: What really is accounting, and how does it apply to the business world

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

Q: How might firms use information to evaluate business operations?

A: Everything which keeps a business running and earning money is referred to as business operations.…

Q: Why are internal accounting controls important to a business? What are advantages vs. the…

A: Internal control refers to a systematic procedure to be followed by the personnels of a company to…

Q: What is the role of accounting in business ?

A: Accounting is the process of identifying, recording, summarising and analysing financial information…

Q: Why do you think ethics is so important in accounting and business in general

A: Ethics in Accounting and business mean a set of specific guidelines or code of conduct which are…

Q: How distinguishes accounting and business administration from each other

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

Q: eXtensible Business Reporting Language

A: XBRL (extensible Business reportage Language) XBRL (extensible Business reportage Language) may be…

Q: Discuss how the basic principles of accounting is applied in business organizations. Give examples.

A: The basic principles of accounting that is applied in business organisation are: 1. Business Entity…

Q: What is the difference between accounting and business administration

A: Both accounting and administration are critical components of business operations. They are mutually…

Q: Discuss Principle-Agent Problem and Give an example in the business world

A: Principal-Agent relationship is one where one party (Principal) gives another party (Agent)…

Q: What is business law about and how does it help us?

A: Business laws is also known as commercial law or mercantile law... In doing business the company has…

Q: what are the different form of business organization. Explain and write down there advantages and…

A: By different form of business organization, it means the different structure of business ownership,…