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vladimir1956 [14]
3 years ago
11

. Identify and explain two principles for ethical accounting practice

Business
1 answer:
Makovka662 [10]3 years ago
4 0

The revised Code establishes a conceptual framework for all professional accountants to ensure compliance with the five fundamental principles of ethics:

Integrity.

Objectivity.

Professional Competence and Due Care.

Confidentiality.

Professional Behavior.

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The principle of monetary neutrality implies that an increase in the money supply will
8090 [49]

Answer:

The correct answer is letter "B": increase the price level, but not real GDP.

Explanation:

The neutrality of money principle states that fluctuations in the money supply affect the prices of <em>goods, services, </em>and <em>wages</em> but not the growth in an economy or its real Gross Domestic Product (GDP). Austrian economist Friedrich A. Hayek (1899-1992) coined the term "<em>neutrality of money</em>" referring to a characteristic of money playing a neutral role in the growth of an economy.

Nowadays, specialists in the field believe the neutrality of money is a concept that applies in the long-run analysis of the productivity od a country.

8 0
3 years ago
Which of the following is true of both paying with a check and paying with a debit card?
emmainna [20.7K]
The correct option is A.
Both paying with a check and paying with a debit card is accepted by most business as means of payment. The two methods allows you to draw money from your account to settle your funds needs.
Although, both means can be used to pay for purchases, there are some basic differences between the two method. For instance, a PIN is needed for you to utilize your debit card, but check does not required this. Also, an overdraft check can be drawn from a bank, but with debit card, you can only spend the money you have in your account.
8 0
3 years ago
Read 2 more answers
Which combination would create medium growth and medium risk?
netineya [11]

Hello,

Stocked based and boned-based mutual funds is the correct answer. Mutual funds are investment strategies that allow you to pool your money together with other investors to purchase a collection of stocks bonds, or other securities that might be difficult to recreate on your own.

4 0
3 years ago
The growth of the drug industry in canada represents which shift in organized crime? why is this important
Harrizon [31]
As the drug industry in Canada grow, Drugs that usually could be obtained only through criminal organization now can be easily obtained over the counter (as long as the requirements are met)
This make many major criminal organizations to lose their power and profits from their operation in Canada
8 0
3 years ago
If the premiums are not paid on a Traditional Whole Life policy that has been in force for decades with no loan outstanding, wha
Studentka2010 [4]

Answer:

The surrender cash value is used for the extended term option.

Explanation:

This is where the nonforfeiture clause comes to policyholders aid. The nonforfeiture clause allows the policy holder who has not made payment of premiums within the grace period to be able to get the cash value of his whole life policy(with already paid premiums), recovered either by cash or extended term option or any other agreement made prior. The cash value of his whole life policy could be applied to the extended term option, allowing the policy holder to get a term insurance policy worth the value of his surrender whole life policy minus any loans against it.

6 0
3 years ago
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