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enot [183]
3 years ago
6

A manager of a company is facing an ethical problem. He uses the formal process for ethical decision making to resolve the probl

em. Which of the following steps will they begin with
Business
1 answer:
Alla [95]3 years ago
3 0

Answer: Understanding all the moral standards and recognizing all moral impacts.

Explanation:

Ethics is the standards and the moral principles which guide the behavior of an individual or group of people. Ethical decision making reefers to the assessment of the moral implications of a course of action.

Since the manager uses the the formal process for ethical decision making to resolve the problem, the first step to begin with is to understand the moral standards and recognizing all moral impacts. The manager needs to be aware of the moral standards and be sure if he or she is following the normal process and doing the right thing.

You might be interested in
In an organization in which high-level managers make the effort to involve others in decision making and seek opinions of others
NNADVOKAT [17]

Answer:

People or team oriented

Explanation:

The best organization culture is there when there is no comparison between the people who are working at different departments, different levels, etc

The rules, procedures, policies are all not for any single person

Here if the high level managers involves the others in decision making process and seek their opinions for the betterment of an organization that this represents the team oriented as the whole organization is working as a team so the same is to be considered

7 0
3 years ago
Morris Company applies overhead based on direct labor costs. For the current year, Morris Company estimated total overhead costs
Sindrei [870]

Answer:

d) $38,000 Debit balance.

Explanation:

Predetermined overhead rate = Estimated Total Overhead Costs / Estimated Direct Labor Costs

= $472000 / $2,360,000

= 0.2

= 20% of direct labor costs.

Applied overheads = (20%*Actual direct labor costs)

Applied overheads = 20% * $1,980,000

Applied overheads = $396,000

So, Overhead under-applied = $434,000 - $396,000 = $38,000 (Debit)

8 0
3 years ago
Farmers successfully selecting for increased oil content in soybeans over many generations is an example of what type of selecti
julsineya [31]

The type of selection that is being described in the scenario above is directional selection. It is because directional selection is when one favors a specific thing out of the variation that is continuous in which we can refer the farmers selecting increased oil content over many of the generations.

3 0
3 years ago
The following information is available for Barnes Company for the fiscal year ended December 31: Beginning finished goods invent
weqwewe [10]

Answer:  $57,000

Explanation:

Given that,

Beginning finished goods inventory in units = 0

Units produced = 7,000

Units sold = 5,100

Sales = $663,000

Materials cost = $140,000

Variable conversion cost used = $70,000

Fixed manufacturing cost = $490,000

Indirect operating costs (fixed) = $102,000

Total Variable cost of units produced = Materials cost + Variable conversion cost used

                                                               = $140,000 + $70,000

                                                               = $210,000

Variable\ cost\ per\ unit = \frac{Total\ variable\ cost}{units\ produced}

                                               =\frac{210,000}{7,000}

                                               = $30

Units in ending inventory = Units produced - Units sold

                                          = 7,000 - 5,100

                                          = 1,900

Value of Variable costing ending inventory = Units in ending inventory × Variable cost per unit

                                                                        = 1,900 × $30

                                                                        = $57,000

5 0
3 years ago
Jansen Inc. acquired all of the outstanding common stock of Merriam Co. on January 1, 2017, for $257,000. Annual amortization of
vlada-n [284]

Answer:

A, $286,000

Explanation:

Whenever there is equity method followed, for accounting of subsidiary then entire income and dividends received are accounted for in the cost of investment.

Here cost = $257,000

Add: all the incomes of Merriam = $40,000 + $47,000 = $87,000

Less: Any dividends received = $10,000 + $10,000 = $20,000

Less: Amortization = $19,000 + $19,000 = $38,000

Therefore, total carrying value = $257,000 + $87,000 - $20,000 - $38,000

= $286,000

In equity method therefore, carrying value on December 31, 2018 = $286,000

Final Answer

A, $286,000

4 0
3 years ago
Read 2 more answers
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