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2 years ago

Which of the following is the best definition of business ethics?

Business

2 answers:

NikAS [45]2 years ago

8 0

The correct answer is A. Accordance with workplace standards for right conduct.

Explanation:

Business ethics includes principles related to right conduct in business contexts, this means business ethics apply in the workplace, companies, organizations, and similar, and includes morally and ethically correct practices and behaviors. Important business ethics include to avoid bribery, corruption or discrimination, promote the respect and integrity of everyone, compete fairly with other business, promote a positive environment within the business, among others. Therefore, the option that best describes business ethics is "accordance with workplace standards for right conduct" as this concept focuses on the workplace context and the appropriate conduct in this.

sladkih [1.3K]2 years ago

6 0

I would say A. Is your answer!

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Business combinations historically have been accounted for as either purchases or poolings of interests. Now, with SFAS 141(R),

lora16 [44]

Answer:

Explanation:

FASB amended the rules to improve the comparability of the information about business combinations provided in financial reports. A variable interest entity is a legal business.

The Financial Accounting Standards Board issued SFAS 141(R) in 2007 December, to substitute the SFAS 141. Evaluating the comment letters, articles and industry publications, they analyzed issues that were with SFAS 141 from the perspective of professionals, users and the FASB; it was evaluated 141(R) to ascertain these weaknesses and they were corrected with solutions been profound in 141(R).

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2 years ago

A credit entry was recorded for unearned revenue and a debit for cash. What does this entry indicate?

rusak2 [61]

Answer:

This means that there is an increase in cash(cash has been collected). And for the unearned revenue which is a liability, there is an increase in the liability

Explanation:

This means that there is an increase in cash(cash has been collected). And for the unearned revenue which is a liability, there is an increase in the liability.

Note: Debit side increases asset(cash) and expenses while credit side decreases liability,income and equity.

Credit side decreases asset(cash) and expenses while debit side increases liability,income and equity.

7 0

2 years ago

Buying the beneficiary position on a life insurance policy of someone who is dying

MaRussiya [10]

Buying the beneficiary position on a life insurance policy of someone who is dying is referred to as Viatical Settlement

Explanation:

Viatical settlement refers to the sale of a life insurance policy by the owner to a third party for a amount which is more than its surrender value but less than its net death benefit.

Viatical settlement provides the policy owner with a lump some amount of money.

The viatical settlement is tax-free as per the Health Insurance Portability and Accountability Act (HIPAA) 1996

6 0

3 years ago

A. True

ankoles [38]

What is the original statement?

5 0

2 years ago

Brenda is a new employee orientation trainer for a global corporation with subsidiaries all over the world. She needs to convey

iren [92.7K]

Answer:

High context cultures are heavily dependent on non verbal cues and subtle situational cues while communicating with others. In such cultures a person's reputation, prestige, status in society are considerably important.

Explanation:

In high context cultures are complete contrast to low context. In low context cultures, communication takes place clearly through language and rules of communication are clearly stated. While on the other hand in high context cultures, communication is subtle through body language, tone of voice, person's status etc. The use of contextual elements is more.

5 0

3 years ago