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3 years ago

Define ethics, and describe the role that it plays in discretionary decision making. Give an example.

Business

1 answer:

Lerok [7]3 years ago

6 0

Explanation:

Ethics can be defined as the study of the behaviors that guide human behavior, that is, society is developed through a set of moral behaviors that define its values and its conception of which human behaviors and attitudes are positive or negative. Ethics then emerges as the standardization of these behaviors and moral values, it is a code of conduct for positive actions by man in society in all areas of life.

In discretionary decisions, in which there is a possibility of interpretation by the legislators, ethics appears as a normative instrument for the conduct of decisions, being a guide for the legislator to decide for what will have greater ethical value and benefits for society.

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3 years ago

Taylor Company had a salaries payable balance of $18,000 on December 31, 2014. During 2015, it paid $50,000 in cash as salaries,

Flura [38]

Answer:

$18,000

Explanation:

Given data for Taylor Company;

Salaries payable at the beginning of 2015 (end of 2014) = $18,000

Salary expense during the year (2015) = $50,000

Salaries paid during the year = $50,000

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3 years ago

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3 years ago

Treasury stock that had been purchased for $4,330 last month was reissued this month for $5,190. The journal entry to record the

Anon25 [30]

Answer:

Credit to Paid-In Capital from Treasury Stock for $860

Explanation:

Based on the information given we were told that Treasury stock was purchased for the amount of $4,330 last month in which it was reissued this month for the amount of $5,190 which means that The journal entry to record the reissuance would include a credit to:

Paid-In Capital from Treasury Stock for $860

Calculated as:

Reissued treasury stock $5,190

Less last month Treasury stock $4,330

Paid-In Capital from Treasury Stock 860

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3 years ago