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bulgar [2K]
3 years ago
11

g Which item is an indication of integrity under the Standards of Ethical​ Conduct? A. Recognize and communicate professional li

mitations or other constraints that would preclude responsible judgment or successful performance of an activity. B. Keep information confidential except when disclosure is authorized or legally required. C. Refrain from engaging in any conduct that would prejudice carrying out duties ethically. D. Communicate information fairly and objectively.
Business
2 answers:
Sever21 [200]3 years ago
6 0

Answer: C. Refrain from engaging in any conduct that would prejudice carrying out duties ethically.

Explanation: The Standards of Ethical Conduct for include concepts related to competence, confidentiality, integrity, and credibility. It is a guide of principles that is designed to help professionals conduct business honestly and with integrity. Refraining from engaging in any conduct that would prejudice carrying out duties ethically is an indication of integrity under the Standards of Ethical​ Conduct.

Reptile [31]3 years ago
3 0

The correct answer is B) Keep information confidential except when disclosure is authorized or legally required.

The item that is an indication of integrity under the Standards of Ethical​ Conduct is "Keep information confidential except when disclosure is authorized or legally required."

All serious companies have to has their code of ethics. One of the most important indicators that this code is being followed is that the company keeps all the information of a client, confidential. The client deposits its information in the company's hands, knowing that the company is responsible for the way it uses only for the determined purposes established in the contract or agreement. This promise only can be broken when a legal authority requires disclosure.

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Answer:

The adjusting entry is shown below.

Explanation:

According to the scenario, the given data are as follows:

Estimated depreciation for year = $4,300

So, the adjusting entry  for depreciation is shown below:

Adjusting Entry

Dec.31

Depreciation expense A/c Dr.     $4,300

           To Accumulated Depreciation-Equipment A/c      $4,300

(Being the Depreciation expense is recorded)

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The overall process of building and maintaining profitable customer relationships by delivering superior customer value and sati
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customer relationship management

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A job sample performance test requires that the applicant actually do a sample of the work that the job involves. Which of the f
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Explanation:

progiram if the computer

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2 years ago
You need a loan of ​$140,000 to buy a home. Calculate your monthly payments and total closing costs for each choice below. Bri
nadezda [96]

Answer:

  • Monthly Payment for Choice 1=$665.16
  • Monthly Payment for Choice 2=$627.10
  • Total Closing Cost for Choice 1=$241557.60
  • Total Closing Cost for Choice 2=$233456
  • (A)Choice 1 be the better choice the monthly payment is higher.
  • (D)Choice 2 be the better choice because the monthly payment is lower.

Explanation:

Amount of Loan needed = $140,000

  • A point is an optional fee which helps you get a lower interest rate on your loan.
  • Closing costs are the fees you pay when obtaining your loan.

<u>Choice 1</u>

30-year fixed rate at 4% with closing costs of $2100 and no points.

Monthly Payment

P=$140,000

Monthly Rate=4% ÷ 12=0.04 ÷ 12=0.0033

n=12 X 30 =360

=\dfrac{Pr(1+r)^n}{(1+r)^n-1}

=\dfrac{140000X0.0033(1+0.0033)^{360}}{(1+0.0033)^{360}-1}\\=\dfrac{462(1.0033)^{360}}{(1.0033)^{360}-1}\\=\$665.16

Monthly Payment=$665.16

Total Closing Cost =(665.16 X 360)+2100=$241557.60

<u>Choice 2</u>

30-year fixed rate at 3.5% with closing costs of $2100 and 4 points.

Monthly Payment

P=$140,000

Monthly Rate=3.5% ÷ 12=0.035 ÷ 12=0.0029

n=12 X 30 =360

=\dfrac{Pr(1+r)^n}{(1+r)^n-1}

=\dfrac{140000X0.0029(1+0.0029)^{360}}{(1+0.0029)^{360}-1}\\=\dfrac{406(1.0029)^{360}}{(1.0029)^{360}-1}\\=\$627.10

Monthly Payment=$627.10

Total Closing Cost =(627.10 X 360)+2100+(4% of 140000)=$233456

4 0
3 years ago
The following totals for the month of April were taken from the payroll register of Durbin Company. Salaries $12,000 Social secu
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Answer:

debit to payroll tax for $798

Explanation:

From the given information:

The following totals for the month of April were taken from the payroll register of Durbin Company.

Salaries                                                                 $12,000    

Social security and Medicare taxes withheld           550

Employees federal income taxes withheld              2500

Medical insurance deductions                                    450

Federal unemployment taxes                                        32

State unemployment taxes                                           216

The objective is to determine the journal entry to record the payroll tax expense on April 30

Let;s recall that for taxes charged in employers; the following taxes will be considered:

Social security and Medicare taxes

Federal unemployment taxes  

State unemployment taxes

Thus;

The journal entry to record the payroll tax expense on April 30 can be prepared as:

Account                                                Debit                Credit

Payroll tax expense                             798

Social security and Medicare taxes                               550

Federal unemployment taxes                                           32

State unemployment taxes                                             216

Hence;

The journal entry to record the payroll tax expense on April 30 would include a debit to payroll tax for $798

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3 years ago
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