Which philosophy would be the most likely to emphasize that there are different ethics in different cultures?

A) universalism
B) utilitarianism
C) relativism
D) egoism
E) pragmatism


C) relativism
Explanation: Under relativism, ethical behavior is based on the opinions and behaviors of relevant other people. Relativism acknowledges the existence of different ethical viewpoints. For example, norms (standards of expected and acceptable behavior) vary from one culture to another.

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Laguna's Corporation sold for $10,000 plant assets that cost $20,000 and that had an accumulated depreciation of $4,000 . The journal entry to record the transaction is:

a. Cash 10,000 Plant Assets 10,000 b. Plant Assets 16,000 Cash 16,000 c. Cash 10,000 Accumulated Depreciation 4,000 Loss on Sale of Plant Assets 6,000 Plant Assets 20,000 d. Cash 10,000 Loss on Sale of Plant Assets 6,000 Plant Assets 16,000

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The delivery trucks of Italiana's Pizzeria incurred maintenance costs of $2,400 during its busiest month of 20xx, in which 8,000 miles were driven collectively. During its slowest month, $1,800 in maintenance costs were incurred, resulting from 5,000 miles being driven. Using the high-low method, what maintenance cost would the company expect to incur at 6,800 miles of driving?

a. $2,160 b. $2,060 c. $2,310 d. $2,010

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______ is a feeling of nervousness, doubt, and confusion arising from being in a foreign and unfamiliar environment.

A. Conditioning B. Culture shock C. Naturalization D. Accustoming

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________ is a rehabilitation form of bankruptcy that permits bankruptcy courts to supervise the debtor's plan for the payment of unpaid debts in installments over the plan period

A) Chapter 7 B) Chapter 13 C) Chapter 11 D) Chapter 12

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