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Legal Compliance Issues in Managerial Accountability

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In the concept of managerial accountability, what legal compliance issues could come up? 
 
What is agency theory?  Give an example.
 
What ethical issues could come up in a finance and accounting department?  Give an example of these issues, especially if you have witnessed any unethical practices where you have worked?

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This solution provides a detailed explanation of the given questions on managerial accountability.

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Some of the legal and compliance issues that can arise include compliance related issues due to improper business practices in the areas of human resources such as those related to dealing with employees, improper practices with ...

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  • BCom, SGTB Khalsa College, University of Delhi
  • MBA, Rochester Institute of Technology
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