What is the so-called BUSINESS JUDGMENT RULE? Discuss

Q: Is business ethics an oxymoron?

A: Ethics:   Business ethics refers to a set of moral codes and guidelines that governs corporate…

Q: What is matching principle and give example of business situation of it

A: Accounting is a process which is followed by complying with various accounting principles. One of…

Q: Discuss the motives for business combinations.

A: A business combination is a combination of two independent firms in which one business acquires…

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: w will accounting affect the stability of a business?”

A: Step 1 Accounting is important in running a company because it enables entity  to monitor revenue…

Q: What is matching concept? Why should a business concern follow this concept? Discuss.

A: Matching concept: According to this principle, the expense should be recognized when it is actually…

Q: How would you define business ethics?

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

Q: Which of the following factors should influence business and accounting decisions?a. Economicb.…

A: Accounting: Accounting is a system, or a process of collecting and organizing economic transactions,…

Q: n the role of the accounting system according to the agency theory

A: Agency theory is one of the common problem in the organization form of the system and that exist due…

Q: What are the uses of a business plan?

A: The business plan is the policy, directions, and instruction that help in achieving the objective of…

Q: Why are stakeholders important in accounting ethics?

A: Stakeholders' refers to the person(s) or a group who has some interest in a company and can be…

Q: What is business ethics?

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

Q: What is the concept of apparent authority? Give an example of how it might crop up in the business…

A: Meaning of Apparent Authority :- Apparent authority arises when someone reasonably believes a person…

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: The importance of research on accountancy and business

A: Accounting is the process of recording the monetary transactions and prepare the financial…

Q: What is business entity principle give example of business situation of it

A: Bussiness entity concept is one the accounting principles. It says that the bussiness and its owners…

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: 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: t is business law

A: Business Law: Business law is also referred to as mercantile law or the commercial law. It refers to…

Q: What are the accounting concept?

A: Solution:- Introduction:- Accounting concepts are defined as basic assumptions on the basis of which…

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

A:

Q: Which theory predict the facts but not assume any particular outcome? O a. Normative theory O b.…

A: The question is multiple choice question. Required  Choose the Correct option

Q: Is accounting theory really necessary for the making of accounting rules?

A: Solution:- Is accounting theory really necessary for the making of accounting rules:- Accounting…

Q: How IT can affect accounting field?

A: Accounting is the recording, classifying, analyzing and interpreting of financial transactions…

Q: What does the going concern assumption mean for a business?

A: Going concern assumption: Going concern concept assumes that the business will remain in operation…

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: What role does business analytics play in accounting?

A: Data Analytics in Accounting can be used to uncover the behavioral patterns of your customers and…

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: Why is ethical behavior important to business?

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

Q: How do you write a business problem statement?

A: A problem statement is defined as the problem faced by the business as well as identification of a…

Q: Differentiate between business plan and business model?

A: A business plan is a composed depiction of things to come for a business in the future. It's a…

Q: What is the business value of the Lexis-Nexis DSS?

A: Business valuation is the process of evaluating the economic value of a whole company or company…

Q: How does the ethics are important in the accounting?

A: Accounting: Accounting is a system, or a process of collecting and organizing economic transactions,…

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 are the reasons why an individual venture into a business?

A: When an individual starts his own business that is known as sole-proprietorship.

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,…