Principal agent problem Study guides, Class notes & Summaries

ACC 333 EXAM 1 COMPLETE REVIEW STUDY GUIDE 2024 principle-agent relationship - ANS-when an owner or someone responsible for an asset (principal) delegates the control of said asset to another party who has a greater knowledge base principal-agent problem - ANS-a problem caused by an agent pursuing his own interests rather than the interests of the principal who hired him agency costs - ANS-the sum of incentive costs, monitoring costs, enforcement costs, and individual financial losses i...

Real Estate Brokerage SAE - Champion's School of Real Estate 291 Questions with Verified Answers Search Engine Optimization (SEO) - CORRECT ANSWER The process of maximizing the number of visitors to a particular website by ensuring the website appears high on the list of results returned by a search engine. Fcebook Live - CORRECT ANSWER Video streaming through facebook. CoStar Database - CORRECT ANSWER Functions much like a residential MLS, connecting commercial agents with brokerages,...

Accounting - correct answer The system of recording, reporting, and summarizing past financial information and transactions. Accounts Receivable Turnover (AR Turnover) - correct answer An activity ratio found by credit sales divided by accounts receivable. Activity Ratios - correct answer A category of ratios that measure how well a company uses its assets to generate sales or cash, showing the firm's operational efficiency and profitability. Additional Funds Needed (AFN) - correct ans...

Florida 6-20 All Lines Adjuster Test| 276 questions| 50 Pages| With Complete Solutions Florida 6-20 All Lines Adjuster Test| 276 questions| 50 Pages| With Complete Solutions A public adjuster represents the interest of: A. The insurer B. The Insured C. The employer D. The interest of the general public - Correct Answer -B. The insured Which of the following is the type of report that indicates the initial results of a claim investigation? A. Field Report B. Interim Report C. Full Re...

Alabama Real Estate Exam Questions and Answers Graded A A ___________ agency is created when a broker designates another real estate agent in the same office to represent either a buyer or a seller because they cannot fully represent both parties being a dual agency. designated agency A _________ agency gives the agent authority to do one specific thing on the principal's behalf. special or specific A _________ agency gives the agent the authority to do several activities on the principal's...

ETH/321 Week 3 Apply Assignment Latest Update with Verified Solutions Alfonso prefers only to hire Latino workers his auto body shop because they "fit in" easier with his 12 employees. During a busy season, Alfonso hires three extra workers to help keep up with business, then lets them go when the busy season is over. Which true statement best suits this situation? ("Discriminate" in this context means to make an employment decision about employees based on the characteristics descri...

WGU - D076 Glossary Questions and Answers | Already Graded A+| Updated| 2023|2024 Accounting The system of recording, reporting, and summarizing past financial information and transactions. Accounts Receivable Turnover (AR Turnover) An activity ratio found by credit sales divided by accounts receivable. Activity Ratios A category of ratios that measure how well a company uses its assets to generate sales or cash, showing the firm's operational efficiency and profitability. Additional Fu...

CHAPTER 1 ACCOUNTING IN ACTION CHAPTER LEARNING OBJECTIVES 1. Identify the activities and users associated with accounting. Accounting is an information system that identifies, records, and communicates the economic events of an organization to interested users. The major users and uses of accounting are as follows: (a) Management uses accounting information to plan, organize, and run the business. (b) Investors (owners) decide whether to buy, hold, or sell their financial interests on th...

REVIEW QUESTIONS FOR NY REAL ESTATE EXAM 1-A broker legitimately may pay all or part of Real estate commission to a a. seller b. salesperson c. buyer d. friend who provides a listing lead -B: Salesperson can accept compensation only from their sponsoring broker. 2-The minimum age for a New York real estate broker's license is a. 19. b. 18. c. 20. d. 21. C. As of July 1,2008 to become a broker you must be 20 years old. 3-Which of the following acts would require a real estate lice...

Post Licensing Class 2 Broker Relationships and Responsibilities Exam Questions And Answers 100% Verified Dual Agency (red) - answerBecause the firmrepresents both the seller and the buyer, the firm becomes a "dual agent." -both clients with the same firm -firm acts more as a "facilitator"(tell me what to write) -Cannot give one side an advantage over the other. Beware of Undisclosed Unitentional Dual Agency (red) - answerIt is prohibited by both case law and NCREL both of which req...