What issue does agency theory examine? Why is it important in a public corporation rather than in a private corporation?

Q: What issue does agency theory examine? Why is it important in a public corporation rather than in a…

A: In agency theory, shareholders give manager the decision making authority over the firm, thus…

Q: How do corporations go public and continue to grow

A: Private corporations go public because due to increasing operations they need to fulfill liquidity…

Q: Is the vote of the majority of the board also necessary for the approval of the by-laws of the…

A:

Q: What concerns might a loan officer have when loaning funds to a sole proprietorship that he or she…

A: a sole proprietorship is a business where there is only a single owner. the existence of the…

Q: Can the members of a non-stock corporation receive compensation

A: non stick corporations are that corporations which do not issue stock to members. Members who are…

Q: Elaborate the agency problem on corporation with smaller percentage of individual onwership

A: An agency dilemma is a conflict of interest that exists in every connection in which one person is…

Q: IF A CORPORATION COMMITS A CRIMINAL OFFENSE, HOW CAN IT BE PUNISHED?

A: Corporation: A corporation is a form of business entity that is incorporated through the state…

Q: How does the audit of owners’ equity for a closely held corporationdiffer from that for a publicly…

A: Audit of owners equity for a closely held corporation is different from that of publicly held…

Q: How does the Sarbanes–Oxley Act contribute to accurate and quality financial reporting by public…

A: Sarbanes Oxley Act:   Sarbanes Oxley Act is a federal law established auditing and financial…

Q: What type of organization primarily offers tax compliance auditing and consulting service A.…

A: It’s a business that provides accounting expertise, such as auditing and tax services, to…

Q: Which of the following is not an inherent power of a government?

A: The inherent power of a government are:- 1. Eminent domain  2. Police power 3. Taxation

Q: In what way Corporate governance is being applied in a government agency?

A: The corporate governance of the government authorities, through the provision of public services,…

Q: Distinguish between government and not-for-profit organizations from business entities and describe…

A: Business entities are described as those units which are formulated to provide professional…

Q: What is the reason for renewed interest in not-for-profits corporations?

A: Non-profit corporation  owners do not make a profit. The money of a not-for-profit organisation is…

Q: How it's GAAP and IFRS is suitable for Corporate Entities ?

A: The primary difference between the two systems is that GAAP can be called rules-based whereas IFRS…

Q: What is a corporate charter and what does it permit?

A: A corporate charter is a legal document establishing the existence of a corporation. Once the…

Q: How do the responsibilities of private accountantsand public accountants differ?

A: A public accountant works with a public accounting company that provides other companies,…

Q: corporation is not an exempt

A: Correct Answer is :- Social security System is not an exempt Corporation.

Q: is the income tax due if X corporation is a proprietary educational institution

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Q: What type of organization primarily offers tax compliance, auditing, and consulting services?…

A: corporations - The Main business of corporations are sale of goods and services with Profit Motive…

Q: true or false.a. The policy-making body in a corporation is called the board of directors

A: Board of directors: The team of elected individuals who represent to shareholders and establish…

Q: What is not-for-profit corporation?

A: Nonprofit organization: It basically comes under a non-profit motive organization like banking…

Q: What would be the advantages of having companies formed at the federal level? Do you think these…

A: The confusion with the rising business is to weather go with the federal level registration or state…

Q: How do corporate governance ethics programs help avoid legal problems for corporations?

A: What is corporate governance ? The Corporate Governance  is the arrangement of rules, practices,…

Q: What is the difference between private Canadian corporation and public Canadian corporations?

A: According to the Government of Cannada, For tax purposes, the corporations are divided into types of…

Q: How do you differ a public corporation from a private corporation? give examples-names, purpose or…

A: Corporation- A corporation is a legal entity with the identity of a legal person that was formed by…

Q: Who are potentially the most effective instrument of good governance of a corporation? a. Government…

A: Corporate governance is the team which formulates, checks and implements rules and regulation of the…

Q: TRUE OR FALSE.  IF FALSE WHY. Shareholders elect the board of directors which appoints the…

A: Shareholders:- These are those investors who invested in the share capital of the company. In…

Q: Explain an agency problem for a corporation with examples, and identify means by which the firm can…

A: An agency problem is a common problem existing in firms which arises when a conflict of interest…

Q: Which of the following Is not required to use IFRS? Multiple Choice O Publically traded company O…

A: IFRS stands for International financial reporting standards. These are Accounting standards issued…

Q: Taxation is NOT: a. A contribution for the support of a government required of persons, groups,…

A: Taxable income is the measurement of income which is used to calculate the amount of tax that needs…

Q: What role does a corporation audited financial statements Play in determining it's taxable income?

A: Whatever financial statement that has already been audited by a certified public accountant (CPA) is…

Q: Why are large corporations often said to be publicly owned?

A: A corporation is a legitimate substance that is isolated and unmistakable from its owners.…