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andrezito [222]
3 years ago
12

The ethical codes that tell employees what behavior is expected of them and establish the punishment for any violations are call

ed _______ ethics codes.
a. customs-based
b. retribution-based
c. integrity-based
d. compliance-based
Business
1 answer:
Vilka [71]3 years ago
3 0
<h2>Compliance-based ethical codes that tell employee what behavior is expected of them and establish the punishment for any violations</h2>

Explanation:

Compliance-based ethical code

  • Follow laws
  • Follow rules and regulations
  • Avoid legal complaints
  • This always focus on prevention, early detection of violation
  • Will empower legal counsel
  • State of being in accordance with established guidelines
  • These are the rules attached to the employees
  • The rules, laws and regulation might be as follows

              1. Non-Disclosure agreement

              2. Behavior especially towards women employee

              3. Timings and other administrative procedures

              4. Any other which might create a legal issue

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An aging of a company's accounts receivable indicates that $3,000 are estimated to be uncollectible. If Allowance for Doubtful A
vodomira [7]

Answer: The correct answer is b. debit to Bad Debts Expense for $1,800.

Explanation: The company adopts the aging bad debt method on receivable. The aging method is a way of classifying receivables as uncollectible based on the length of time the receivables have been outstanding and the probability of recoverability of such receivables.

To make a provision for bad debt expense: debit is passed to bad debt expense while credit is passed to allowance for doubtful accounts. The bad debt expense reports to the income statement while allowance for doubtful accounts reports to the balance sheet (statement of financial position). Based on the question, the allowance for doubtful accounts has a credit balance of $1,200; however, $3,000 was estimated to be uncollectible. In order to restate the amount to $3,000, we need to debit bad debt expense and credit allowance for doubtful accounts with $1,800 ($3,000 - $1,200).

7 0
4 years ago
Tax return preparers may generally rely on a client's representations without verification unless:
Valentin [98]

Answer:

Tax return preparers may generally rely on a client's representations without verification unless the information seems incorrect, inconsistent, or incomplete, Option A.

Explanation:

A  "tax return preparer" usually relies in good faith without verification upon information furnished by a taxpayer or another advisor or third party. But he has the authority to make inquires in case he feels the information given is incomplete or inconsistent. Also, some of the provisions also require few circumstances or facts to be claimed before deduction is made. So, A tax return preparer should make relevant inquiries to decide if the information given is correct as required by an "Internal Revenue Code" section or a regulation to claim either a deduction or a credit.

4 0
3 years ago
Which benefit is often associated with command economies and most likely
GuDViN [60]

Answer:

The establishment of social welfare programs.

Explanation:

This is the answer for Ap3x.

5 0
3 years ago
you are invited to play the following game: an urn holds two white and three black balls, and you draw three balls randomly. If
NemiM [27]

Answer:

That is why i did not play this game.

Explanation:

Lets i have initially $100 .

There are  2 white and 3 black balls.

I have to draw 3 balls

If i draw no white balls, i lose $10; if i draw one white ball, i lose nothing; and if i draw both white balls, you gain $10.

So the final fortune =x

x = 100 x 1/2 x 1/2 x 3/2 x 3/2

x= $56.25

That is why i did not play this game.

5 0
3 years ago
The problem with adopting a normal profit pricing policy for a natural monopoly is that _____.
uysha [10]

Answer:

The correct answer is D

Explanation:

Normal profit also called as the fair return, which means staying in the business without subsidy, higher social welfare, price exceeds the marginal costs and there is no reason for the monopolist to the cut the costs.

Thus, the general problem with adopting or acquire the normal normal profit pricing for the natural monopoly, is that it is not efficiently allocative.

Allocative efficiency states a situation or a condition in which the output of every product is such that that marginal cost and the market price are equal or vice- versa.

5 0
3 years ago
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