A commercial broker who accepts fees from both the seller and the buyer of the business without disclosure to either has not committed an ethical violation if both parties are happy with the transaction
Indicate whether the statement is true or false
FALSE
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Which of the following statements does not properly describe the accounting for business combinations?
A. Under the purchase method, the subsidiary's assets and liabilities are not valued at their full fair values on the consolidated balance sheet when noncontrolling interests are present. B. The parent company has the option of choosing either the purchase method or the acquisition method to account for the business combination. C. The noncontrolling interest is reported as a component of stockholders' equity when using the acquisition method. D. Under the acquisition method, the subsidiary's assets and liabilities are valued at their full fair values on the consolidated balance sheet when noncontrolling interests are present.
Maintenance access to systems increases the risk that logic will be corrupted either by the accident or intent to defraud
Indicate whether the statement is true or false
Which of the following refers to developing policies and practices that enhance the competiveness of an organization while advancing the economic and social conditions of the community in which it operates?
A) the commons B) a systems view C) the triple bottom line D) shared value E) carbon footprint
Which of the following is a feature of moral development at the preconventional stage?
A. Right versus wrong is referenced to the expectations of one's family and one's society. B. Concepts such as doing one's duty and maintaining the social order come to be valued for their own sakes. C. Morality is practiced to avoid punishment regardless of any concern about moral order. D. Right versus wrong is referenced to a set of defined, established moral principles. E. People come to emphasize the laws, rules, and orders that govern society.