Someone who believes that the principles of justice and moral duties are based on universal
rules, and that the actor must abide by the same rules being applied to others, believes in which
moral theory?
A) Ethical relativism
B) Kantian ethics
C) Rawls's distributive justice theory
D) Ethical fundamentalism
E) Utilitarianism
C
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An example of audit evidence with a medium level of reliability is:
A. Scanning. B. Observation. C. Recalculation. D. All of these.
When disclosing the impact of a retrospective adjustment for the change from LIFO to FIFO in 2017, which of the following impacts is not expected to be reported in the comparative financial statements when two-year comparative statements are presented?
A) impact on beginning inventory for 2016 B) impact on 2016 net income C) impact on ending inventory for 2017 D) impact on cost of goods sold for 2016
________ refers to the products or sets of products with which a brand competes and which function as close substitutes
A) Consumer profitability analysis B) Competitive frame of reference C) Category membership D) Value membership E) Demand field
An advantage of ________ is that they allow real-time merchandising; products and features can be added or removed as needed, and prices can be adjusted instantly to match demand
A) digital catalogs B) blogs C) kiosks D) traditional catalogs E) mobile apps