A common criticism of deontological ethical theories is that they:
A) are excessively pragmatic.
B) are rigid and excessively formal.
C) only consider actions by their motives.
D) fail to consider universal principles.
B
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Accountants should be aware that LIFO liquidations can potentially result in which of the following?
a. If older less costly layers are liquidated, a correspondingly lower cost of goods sold will result. b. If older less costly layers are liquidated, a correspondingly higher gross profit will result. c. If older less costly layers are liquidated, the company may be faced with higher taxes for those deferred in previous periods. d. All of these could result.
Provide two recommendations for incorporating an audio or video clip into your presentation.
What will be an ideal response?
The debit side of the work in process account represents:
a. direct materials and direct labor. b. direct materials, direct labor and finished goods. c. indirect materials, indirect labor and direct labor. d. direct materials, direct labor and applied overhead. e. finished goods.
?Describe the three different types of products.
What will be an ideal response?