Short term profitability exist of government

Assignment Help Accounting Basics
Reference no: EM1317182

In business, there is a tension between the principals (stockholders) and agents (managers). The managers may choose policies that increase short-term profitability (and their bonuses) at the expense of long-term profitability. Describe why the same types of problems may exist in government as well, where elected officials are the agents and voters are the principals.

Reference no: EM1317182

Questions Cloud

Determine the molar mass of aspartame : Determine the molar mass of aspartame and How many moles of molecules are in 10.0g of aspartame?
Introducing the frequent buyer program : Draw Jim's budget line (throughout, please put coffee on the vertical axis)-Use a budget line-indifference curve map analysis to explain which pricing scheme Jim prefers.
Interpreting values in estimated regression equation : Interpret values of b1, b2, b3 and b4 in this estimated regression equation.
What substance is in excess : What substance is in excess? D) How many grams of the excess reactant is leftover (remaining) after the reaction stops
Short term profitability exist of government : In business, there is a tension between the principals (stockholders) and agents (managers). The managers may choose policies that increase short-term profitability (and their bonuses) at the expense of long-term profitability.
Developing system for the classification problem : client asks your company in order to develop a system for classification problem (for example: medical insurance fraud detection). Because of user requirements, he requires the final developed system to be able to offer the explanations about syst..
Find the maximum mass of aluminium oxide : What masses of iron(III)oxide and aluminium must be used to produce 15.0g iron? What is the maximum mass of aluminium oxide that could be produced?
Mean of a normal probability distribution : The mean of a normal probability distribution is 60; the standard deviation is 5.
Determining random number generator : Determine a random number generator and make simulated data for not more than 25 participants (test subjects) in study using ranges of values for variables you established above.

Reviews

Write a Review

 

Accounting Basics Questions & Answers

  Direct method-amount of costs for department

The human resources department costs are allocated using the direct method and based on the number of employees, and the total amount of costs for the department is $187,000.

  Determining the actual purchase price

High & Dry’s standard price for direct materials is $3.60 per unit-The actual purchase price per unit was

  Ethical dilemma in business

Describe in detail an ethical dilemma in business that you or a coworker experienced and how it was resolved.

  Estimated liability under warranties

During 2010, Markel had actual outlay of $48,000 for repairs under warranty. Markel employs the expense warranty accrual method-What amount should the company report for estimated liability under warranties at the end of 2010?

  Differences between accounting and taxable income

At December 31, 2012, Vermont Industries reported three temporary differences between accounting and taxable income:

  Meaning of a favorable variance and an unfavorable variance

Prepare a memorandum - Does Cost of Goods Sold decrease or increase when concluding a favorable variance? Does gross margin increase or decrease when a favorable variance is closed to Cost of Goods Sold? Describe.

  Quick ratio-current ratio

Analysts use the quick ratio (also known as the acid test ratio) and the current ratio. The use of both ratios has become common because

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Budget for production period

Antawn expects to sell 42,000 units of finished goods this period-How many units must he budget for production this period

  Concept of operating leverage

The concept of operating leverage Signifies to which of the following?

  What is the over or under absorbed overhead

How much overhead is allocated? What is the over/under absorbed overhead?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd