Which of the following is TRUE of a typical code of ethics?

a. It is often long and complicated.
b. It is unreasonable to expect the average person to abide by its principles.
c. It is typically designed by a lawyer.
d. It can help guide decisions if an ethical dilemma arises.


d. It can help guide decisions if an ethical dilemma arises.

Business

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Pfizer pharmaceutical representatives call on physicians to influence them to prescribe the latest Pfizer medications over competing products

However, no sale is made until doctors call prescriptions into pharmacies that then place orders through their drug wholesalers. What type of sales position do these Pfizer pharmaceutical representatives hold, and what are their job responsibilities?

Business

The 2005 Act establishes a means test which determines a creditor's eligibility for a priority claim

a. True b. False Indicate whether the statement is true or false

Business

Interest expense paid on a note payable is included in the operating activities section of the statement of cash flows

Indicate whether the statement is true or false

Business

The adjusting entry to record the amount earned that previously had been collected in advance will:

A. decrease liabilities and decrease revenues. B. increase liabilities and increase revenues. C. increase liabilities and decrease revenues. D. decrease liabilities and increase revenue.

Business