Answer: A. The most fundamental concepts of what is right and what is wrong are universal and transcend most all cultures, societies, and religions; thus, it is entirely appropriate to expect all members of society (including all personnel of all companies worldwide) to conform to universal ethical standards.
Explanation:
Ethical Universalism means that even though humans across most cultures and societies were divided by geography for ages and so developed in isolation for a time, they still adopted similar standards on what was right and what was wrong.
As a result, the most fundamental concepts of right and wrong are a shared variable across most cultures which means that in business, it is indeed possible to expect a global set of ethical standards that all people can subscribe to.
Answer:
risk management strategies.
Explanation:
Klippert is best described as a SOLE PROPRIETORSHIP.
A sole proprietorship business is also called a one man business. In this kind of business formation, the owner of the business is responsible for starting the business and getting it ruining. The owner draws up the business plan, get the capital and see to the day to day activities of the business.
The generally accepted method of accounting for gains or losses from the early extinguishment of debt treats any gain or loss as <u> As per GAAP, the gain/loss from early extinguishment of debt, if material, should be recognized in the period of redemption. The gain/loss will be the difference between the reacquisition price and the net carrying amount of the debt.</u>
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Business accounting is the systematic recording, studying, interpreting, and supplying of monetary data. Accounting can be completed by way of one individual in a small enterprise, or by using exclusive teams in big businesses. Accounting is the way a business keeps tune of its operations.
The principle aim of accounting is to report and file an organization's monetary transactions, monetary overall performance, and cash flows. Accounting standards improve the reliability of economic statements.
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