Herman Karden owns 10 percent of the HK Partners Co., which sells laboratory furniture. However, he is

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Herman Karden owns 10 percent of the HK Partners Co., which sells laboratory furniture. However, he is the general partner of HK Partners and therefore has total decision-making authority for this company. He also owns 100 percent of HK Management Services Co., which supplies manage- ment advice to sales organizations. So far, the only client of HK Manage- ment Services Co. is HK Partners Co. What issues might arise with respect to the relationship between HK Management Services and HK Partners?

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Cost Accounting

ISBN: 9780256069198

3rd Edition

Authors: Edward B. Deakin, Michael Maher

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