A transfer-pricing method leads to goal congruence when ________

A) there is a price difference in different markets due to market inefficiencies
B) managers do no act for their own best interest and work for the long-term best interest of the manager's subunit
C) managers act in their own best interest and the decision is in the long-term best interest of the company
D) there is a low degree of centralization

Answer: C

Business

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Sunrays, Inc wrote off the account of one of its customers, Brad Doe, in 2016 for $500

On January 21, 2017, Brad unexpectedly repaid his account in full. The company uses the direct write-off method to account for uncollectible receivables. Journalize the entries required for Sunrays, Inc on January 21, 2017. What will be an ideal response

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When a company's management team signs a consent order issued by the Federal Trade Commission, they agree to stop the advertisement or marketing practice that was investigated, but they do so without admitting guilt

Indicate whether the statement is true or false

Business