Define and give an example from your life about an ethical dilemma.
What will be an ideal response?
*Ethical dilemmas are conflicts between two or more morally unpleasant alternatives
*Give a personal example
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Scott Brothers, Inc follows the qualitative characteristic of consistency. This means that:
A) for expenses, Scott uses the same account titles as used by its competitors. B) Scott has elected certain accounting principles that can never be changed. C) Scott applies the same accounting methods each period. D) Scott applies the same accounting principles as its competitors.
Although communicating negative organizational news can be challenging, such messages can have a positive effect in
a. showing management's display of respect for employees. b. providing an opportunity for management to build unity and trust. c. allowing employees to pose questions to management. d. All of the above.
An ethically wrong state or condition can still be legal
Indicate whether the statement is true or false
PrimeFlix sells one-year online subscriptions for viewing classic movies. Customers are required to pay for the subscription at the beginning of the subscription period. On April 1, 2021, total sales of one-year subscriptions are $12,000. What is the adjusted balance of Deferred Revenue on December 31, 2021?
A. $0. B. $9,000. C. $12,000. D. $3,000.