________ are rules of conduct that guide how most people in a culture judge what is right and what is wrong

A) Plans
B) Values
C) Ethics
D) Habits
E) Tactics


C

Business

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A ten-year bond was issued at par for $250,000 cash. This transaction should be shown on a statement of cashflows under

a. investing activities b. financing activities c. noncash investing and financing activities d. operating activities

Business

Women may place a greater emphasis on ________ goals ( the interpersonal aspects of the negotiations), whereas men are driven more by task-specific goals.

What will be an ideal response?

Business

If a company uses LIFO for tax purposes, it must also use LIFO for financial reporting purposes

Indicate whether the statement is true or false

Business

Eastern Company currently produces a component that it uses in making some of its products. The company has calculated the following costs for making the part:Eastern is considering outsourcing the component. A supplier has offered to sell the component to Eastern for $55 each. Eastern needs 10,000 units each year. If Eastern does outsource the component, it can use the facilities to make another product that would yield contribution margin of $60,000 per year.Required: 1) Should Eastern outsource the component? Support your answer with appropriate computations.2) What qualitative factors should be considered in this decision?

What will be an ideal response?

Business