The revised Code establishes a conceptual framework for all professional accountants to ensure compliance with the five fundamental principles of ethics:
Integrity.
Objectivity.
Professional Competence and Due Care.
Confidentiality.
Professional Behavior.
Answer:
Explanation:
Base on the scenario been described in the question, yes of cause, Manuel was the holder and Patricia agreed that she signed the note. For this reason, Manuel has the right to recover the note unless Patricia established another defense. Since no defense was given, it was not useful whether Manuel was a holder in due course, against whom certain defenses could not be given.
Answer:
Revenue / Sales
Explanation:
Operating cash flow is net of the cash received from the revenue and paid for the expenses during the year. Increase in revenue will lead to an increase in operating cash flow of a profitable business. Operating cash flow is net of the cash received from the revenue and paid for the expenses during the year. on the other hand the increase in Expenses will result in the decrease in operating cash flows.
Answer:
The answer is False.
Explanation:
Refusing routine requests is a message strategy used by businesses to respond to issues that they do not plan to resolve.
Sometimes, this messages are automated such that when such routine request are sent in by a customer, the system responds back with an already encoded message that does not promise to reply the query.
This response is usually courteous and laced with positive language in order to help assuage the customers grief.
The case is different here because there is a promise to respond when Becky Chen added "I will contact you next week regarding the date and time of our next grand opening ceremony".
Answer:
C. moral hazard.
Explanation:
Moral hazard -
It is the condition , where the person take more risk , as he or she is aware that someone else need to bear the risk , is known as moral hazard .
In this case , one of the party can change the damage of other after any type of monetary transaction has occurred .
Hence , from the question ,
The statement given in the question , is about Moral hazard .
