An organization looking for general agreement on ethical practices might:<u> establish an ethical code of conduct.</u>
<h3>What is
establish an ethical code of conduct?</h3>
Ethical code of conduct can be defined as a set of guidelines, policy, rules and regulation that a person is expected to follow and abide by in an organization.
This code of conduct enables us to know the organization norms and values as well what is right and what is wrong which in turn means that it enables us to know the right things to do and thing to to avoid.
The code of conduct encourage ethical act which is to be honest and to have integrity among others and as well discourage unethical behavior in an organization which is why most organization has ethical code of conduct that enables their employee or workers to known the ethical ways they should behave.
Therefore an organization looking for general agreement on ethical practices might:<u> establish an ethical code of conduct.</u>
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The 3 activities which are part of the function of accounting includes:
- Classifying financial transactions
- interpreting financial transactions
- Recording financial transactions
Accounting (<em>including bookkeeping</em>) refers to the process of recording, preparing, analyzing and interpreting financial information or statements for future purpose.
As regards the options, 3 activities which are part of the function of accounting includes:
- Classifying financial transactions
- interpreting financial transactions
- Recording financial transactions
In conclusion, the process of accounting helps to identifies, records, classifies and communicate the company's economic events to interested users.
Missing word includes <em>"1. prioritizing financial transactions 2. classifying financial transactions 3. planning financial transactions 4. interpreting financial transactions 5. recording financial transactions"</em>
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Answer: Yes
Explanation:
If the difference in average spending amounts between the two groups is determined to be statistically significant, it would be legitimate to draw such a conclusion.
Why?
Those who were told that it was a Tuition rebate, a reward of sorts, had spent on average, $22.04 whilst those who thought it was simply bonus income had spent significantly less at $9.55.
This means that indeed there is a CAUSE and EFFECT conclusion to be drawn between what the money was called and how much was spent because it is clear that when called a tuition rebate, more of it is spent as opposed to it being called a Bonus income.
Answer:
A) Product Line
Explanation:
Product line Strategy is a process whereby different set of related products are differentiated based on features and prices thereby setting products at different price levels in order to allow customer pick the product that most likely fit their needs and purchase power.
For example, Apple offers the iPhone XS and the iPhone XR as premium options. The iPhone 8 and iPhone 7 are then included as additional options. They are all the same product that is Apple product but at varying prices and features.
Answer:
c. Balance of trade is equal to the sum of current account balance and financial account balance.
Explanation:
The balance of trade is the difference in value between a country's imports and its exports over time. Balance of trade ( BOT) is expressed in monetary terms. If a country has more exports than imports, it has a positive trade balance or a trade surplus. Balance of trade is also known as international trade balance or trade balance.
Economists use the balance of trade in determining the country's current account. A trade deficit or trade surplus on its own does not mean that the economy is weak or strong in that period. The balance of trade is obtained by subtracting net imports from net exports.