Explanation:
In this case, I would have stick to my commitment which I made first.
No doubt the invitation of the second party was just like a dream come true, as that was being held by a popular group and all of my friends were going there, but ethically and morally I am supposed to stick to my commitment which i have made before this invitation. So my decision will be on moral and ethical grounds. I would attend the sleepover birthday party and would hope that the other party of popular group happens again.
Consistent / standardized.
Laptops are an example of standardized good, whose quality ought to be consistent as their quality determines the trustworthiness of a firm. If a good is bad, then consumers may start having a negative perception of the firm.
Answer:
Annuity received is taxable income at Conor's death and must be included in the gross income while filing tax return.
Explanation:
The amount received as an Annuity is taxable and must be included in the gross income while filing the tax returns. This means that the related costs will also be deducted e.g, fees paid, etc. However the return that wasn't received would not be considered as income as Conor didn't received it. Hence the annuity received is treated as taxable income and must be included in the gross income.
Answer:
The Code of Professional Conduct of the American Institute of Certified Public Accountants consists of two sections--(1) the Principles and (2) the Rules. The Principles provide the framework for the Rules, which govern the performance of professional services by members.
Explanation:
The four parts of the AICPA Code of Professional Conduct are principles, rules of conduct, interpretations of the rules of conduct and ethical rulings.
The three categories of members under the Code of Professional Conduct are 1) members in public practice; 2) members in business; and 3) other members.
LOL :)
