Which of the following is a general guideline that serves as a foundation for a personal code of business ethics?
A) Personal selling is a stepping stone to more legitimate careers.
B) Be honest with yourself and with others.
C) Tasks come first, relationships second.
D) Your values should not be in conflict with those of your employer.
E) Selling is about controlling the interaction and managing the relationship.
B
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In a statement of cash flows, interest payments to lenders and other creditors should be classified as cash outflows for
a. borrowing activities. b. operating activities. c. investing activities. d. financing activities.
Which of the following is not a characteristic of a process cost system?
A) Manufacturing costs are grouped by departments. B) The system may use several Work-in-Process accounts. C) The system measures costs for each completed job. D) The system allocates costs between completed and partially completed units within a department.
In an F.O.B. point of shipment, the buyer bears the risk of loss while the goods are in transit
Indicate whether the statement is true or false
List the general guidelines for constructing pie charts