An investment centre has the highest level of responsibility from a performance management perspective.

In Hodgkinson v. Simms, an accountant advised a client to invest in a real estate development while also acting for the developers. What did the Supreme Court of Canada find?

A) The presence of a financial risk was the identifying feature of a fiduciary relationship and, in this case, imposed the fiduciary duty.
B) The presence of a financial risk was the identifying feature of a fiduciary relationship but, in this case, did not impose a fiduciary duty.
C) The presence of loyalty, trust, and confidence were identifying features of a fiduciary relationship and, in this case, imposed the fiduciary duty.
D) A fiduciary relationship could not arise in circumstances where an investor acted of his own accord.
E) A fiduciary relationship could not arise in commercial circumstances, such as those found in this case.

Profit maximization by firms ensures that the equilibrium wage always equals the value of the marginal product of capital.

Disruptive innovation refers to the belief that many emerging and developing markets (Brazil, India, China, and others) are driving innovation of simple, no-nonsense products and services that replicate more complex offerings available in the developed markets.

A worker who has voluntarily left his or her job qualifies for unemployment compensation to partially make up for the worker's loss of income.

When control and subsidiary accounts are involved there must be a dual posting.