Fiduciary responsibilities are critical part of which relationship---customer or client? Why?

Q: Which of these stakeholders have a safe working environment, security of employment and a stable…

A: Stakeholder - A stockholder is certain party who has an interest in the company. A stakeholder is an…

Q: What are some ways a board can train their employees to be effective in its financial decision…

A: It is important that employees view the goal of the company in the same way as the board would view…

Q: How does the accountant's focus on the commercial goals as a priority affect the performance of his…

A: Accountants are the professionals which have the specialized degree to prepare accounts of the…

Q: Describe how monies received by an organization functioning as an agent, trustee, or intermediary,…

A: Contribution: The term "contribution" refers to an act or money made for a specific cause. It is a…

Q: What are the ethical and professional expectations for CPA's by the accounting prefession?

A: Auditors work on behalf of shareholders and various other stakeholders; whereas, they are required…

Q: Which of these stakeholders have a safe working environment, security of employment and a stable…

A: Stakeholders are the people or parties who have direct interest in the business or can affected by…

Q: What exactly is a social contract, and how does it relate to the legitimacy of an organization?

A: The Answer :

Q: How would you define business ethics?

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

Q: Who is responsible for enforcing compliance with laws and regulations in the business?

A: Compliance Audit: Compliance audit refers to the encyclopaedic review of entities adherence with…

Q: Setting accounting standards by the private sector is

A: The common law is developed on the basis of the particular case. It represents the development of…

Q: How would an investor communicate to clients their ethical and professional standards when managing…

A: According to CFA institute, six guidelines related to the code of conduct is laid out in the Code of…

Q: What are the ethical responsibilities ofmanagement accountants?

A:

Q: Looking at different literature, discuss if there is a unique definition for the social…

A:

Q: What is business ethics?

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

Q: Which of the following are the rights of agents: A Right of subsidy; right of support B Right of…

A:

Q: Discuss using practical example how risk management objectives fascilitates an insurer’s role as a…

A: Risk management refers to identifying, analyzing, and reducing the risk by applying different…

Q: Being an individual what services you are availing from your banker and what do you think is the…

A: Being an individual, the types of service which we can avail from our banks are as follows:

Q: Explain in your own words the Iron Law of Responsibility and the social contract. Give an example of…

A: Introduction: Iron law of responsibility says that whenever an organization grips power but does not…

Q: Explain how business ethics relate to internal control.

A: Internal control guarantees that management follows legal guidelines and sets the tone for the…

Q: definition of business ethics?

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

Q: How should an accounting professional go about determining whether a proposed action is in the…

A:

Q: What engagements are covered by the AICPA Code of Professional Conduct?

A:

Q: Who are the parties involved in consulting services? Explain.

A: Consulting business is the type of business which falls within the category of the services business…

Q: What is a social contract and how does it relate to organisational legitimacy? and Explain two ways…

A: A social contract refers to a way in which a business interacts with society. As per social contract…

Q: What are property, rights and contract enforcement in rationale for government intervention?

A: The government generally assigns the property rights for the properties when they are exclusively…

Q: Differentiate Private from Public Accountants?

A: Accountants are the professionals that are engaged in the work related to accounting and taxation of…

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: Describe Contract View of Business Firm's Duties to Custómer. What is the moral duty to consumers…

A: Contract view of the obligation of the company to their customer: The view that the partnership…

Q: Explain and assess the view that rights issues are designed to protect the interests of…

A: Every corporation has a hierarchical system of rights for the three types of securities it issues:…

Q: . What is an agency relationship? When you firstbegin operations, assuming you are the onlyemployee…

A: Answer: An agency relationship is nothing but a relationship between agent and the principal under…

Q: Identify some difference between private organization and nonprofit organization?

A: Whether an organization is public or private, is determined by its ownership, if it is publicly…

Q: Which of the following best describes the objectives of internal controls? O Ensuring the compliance…

A: Internal control is to ensure that organizations objectives are achieved and management is using its…

Q: The amoral view of social responsibility focuses on the activities of the firm that already conform…

A: It is an important in many aspects as merely profit-making entity .Basically  it is a social…

Q: Who is the CFO, and where does this individual fit into the cooperate hierarchy? What are some of…

A: CFO is the company’s Chief Financial Officer as CFO is a senior executive who does the supervision…

Q: n agency relationship is established between the broker and

A: A agency relationship: An agency relationship takes place between an agent (broker) and a principal.…

Q: Being an individual what services you are availing from your banker and what do you think is the…

A: Banking is referred to as the business activity for acceptance as well as safeguard of the funds,…

Q: Explain why an organisation can be considered to be a 'nexus of contracts' in the context of agency…

A: Contract is the mutual agreement between two parties where one party agrees to provide goods or…

Q: Why should you discuss the rights and responsibilities of all parties with a client?

A: A customer who enters into a service contract must furnish the provider with all information he…

Q: Determine how your business can apply the Responsibility to Stakeholder!

A: Stakeholder: Stake holder is a person or group of people who own a share in a business and is…