Radiant Corp received $40,000 cash in January 2012 for the services to be provided in the future. Which of the following accounts are affected by this transaction?
a. Cash and Service Revenue
b. Cash and Unearned Revenue
c. Unearned Revenue and Service Revenue
d. Service Revenue and Accounts payable
b
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In a small organization, a(n) _____ has much greater influence on employees than _____ does.
A. code of ethics; a leader's behavior B. leader's behavior; his or her stated philosophy C. ethics training program; the leader's stated philosophy D. code of ethics; the amount of legislation affecting the organization
The boom in Internet marketing has created a new set of social and ethical issues. Critics worry most about ________
A) accessibility B) puffery in advertising C) online privacy issues D) sustainability E) issues pertaining to efficiency
On-Call Service Corporation bought a building lot to construct a new corporate office building. An older home on the building lot was razed immediately so that the office building could be constructed. The cost of purchasing the older home should be
a. recorded as part of the cost of the land. b. written off as a loss in the year of purchase. c. written off as an extraordinary item in the year of purchase. d. recorded as part of the cost of the new building.
Which of the following is an approach advocated while teaching ethics?
A. Teachers should understand that their role is only to tell the right answers to their students. B. Teachers should teach ethical dogma to a passive audience. C. Teachers should consider acceptance of customary norms as an adequate ethical perspective. D. Teachers should challenge students to think for themselves.