In drawing up a code of ethics, a small business owner should adopt a code
A. provided by the Ethics Resource Center of Washington, D.C.
B. that outlines ethical principles and gives examples.
C. that outlines ethical principles but avoids examples.
D. suggested by the Better Business Bureau.
Answer: B
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The consumer's ________ determines whether she will engage in habitual decision making, extended problem solving, or something in between the two
A) need for customization B) level of involvement C) need for cognitive dissonance D) ability to generalize stimuli E) personal marketing mix
If the actual quantity of direct materials used in producing a commodity differs from the standard quantity, the variance is termed:
A) controllable variance B) price variance C) quantity variance D) rate variance
Which of the following sentences demonstrates effective business writing?
A) As per your request, enclosed is our latest catalog. B) Enclosed is our latest catalog. C) The latest catalog is contained under separate cover. D) Pertaining to your request, our latest catalog is enclosed.
The last-in, first-out cost flow method assigns the cost of the items purchased first to ending inventory.
Answer the following statement true (T) or false (F)