It is true that by the second decade of the 21st century, most organizations were devoting less and less time and attention to corporate ethics.
<h3> Corporate Ethics</h3>
Business ethics (also known as Corporate Ethics) is a state of applied ethics or experienced ethics, that explores ethical principles and moral or ethical concerns that can arise in a enterprise environment. It spreads to all aspects of business conduct and is applicable to the conduct of individuals and entire associations.
<h3>What are the type business ethics?</h3>
(i) Politics without Principles
(ii) Wealth without Work
(iii) Commerce without Morality
(iv) Knowledge without Character
(v) Pleasure without Conscience
(vi) Science without Humanity
(vii) Worship without Sacrifice.
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Answer:
A. Deduction
Explanation:
Deduction or deductive reasoning is the process whereby a logical conclusion is reached from one or more statements. Deductive reasoning involves using generalization or a general fact to reach a specific and logical conclusion. In the case, the general fact is that all HR manager in the firm has advanced degree. The logical conclusion here is that since Chloe is a HR manager with the most experience, then surely she must have an advanced degree.
In summary, deductive reasoning moves from generalities to a specific streamlined logical conclusion.
Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Answer: D -LIFO results in a higher net income than FIFO when costs are falling.
Explanation:
The LIFO and FIFO are methods of accounting for inventory.
LIFO means last in, first out. It means the last inventory purchased is the first inventory sold.
FIFO means first in,first out. It means older inventories are sold off first.
During period of rising prices, LIFO results in lower net income because the Cost of Goods Sold is higher. Inventories cost more during periods of rising prices.
When prices are falling , the LIFO method results in a lower cost of goods sold and therefore a higher net income.
Answer:
Debit cash $7800
Credit unearned revenue $7800
Explanation:
The amount of $7800 was received in cash on October 1. Therefore, the cash account will be debited with the $7800 received.
The corresponding credit entry of $7800 will be to the unearned revenue account since the revenue has not been earned. Revenue will be earned at the end of each month of the lease. This account will subsequently debited each time the revenue is earned i.e at the end of each lease month.
