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garri49 [273]
3 years ago
5

What ethics "Rule"does it break?

Business
1 answer:
AysviL [449]3 years ago
7 0

The breaking of rules is violation of law. The legal right does not comes under the law if anybody has the right to break the law.

Explanation:

A Rule is a statement that denotes about what a person should do or not to do in a specific situation. It clarifies demarcates or interprets a law or policy.Rule is a principle or standard that serves as a norm for guiding an action.

The rules for professional ethics are do not enter into attorney client relationship, do not negotiate fees with the client and do not give legal advice.

The people break the laws and takes high risk because of their less self control.

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A journal entry is an act of recording any transaction, whether it is economic or not. Multiple recordings, each of which is either a debit or a credit, may be included in the journal entry.

Accounting journal entries are transferred from the journals and posted to the general ledger in order to record financial transactions in the accounting system. Modern accounting software handles the majority of this process automatically, but it's crucial to understand what's going on since there are instances when manual entries will need to be made to adjust or correct account balances at the conclusion of an accounting month.

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