In the context of the business costs of ethical failures, Level 1 costs that are less damaging and get more executive attention are the costs of
A. government fines and penalties.
B. loss of reputation.
C. corrective actions.
D. remedial education.
E. employee turnover and replacement.
Answer: A
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Esquire Industrial plant operates five days per week with a daily payroll of $4,000 . Employees are paid every Saturday for the workweek just completed (Monday through Friday). The last day of the month is Wednesday, March 31 . What is the effect of the correct adjustment at March 31?
a. Increases stockholders' equity and Wages Payable by $8,000 b. Increases Wages Payable and decreases Cash by $12,000 c. Decreases stockholders' equity and increases Wages Payable by $12,000 d. Increases Wages Payable and increases Wages Expense by $8,000
In the general ledger, all accounts are listed alphabetically regardless of classification
Indicate whether the statement is true or false
Explain the importance of moral imagination with an example.
What will be an ideal response?
Terry agreed to sell an antique lamp to her neighbor for $300 . Later that day, she decided she would rather sell it to another person who offered her $400 . The neighbor has sued. The court will most likely rule that Terry must sell the lamp to the
a. other person, but for only $300. b. other person for $400. c. neighbor for $400. d. neighbor for $300.