The crux of normative ethics is that these disciplines:
A. presuppose some underlying values.
B. should always involve the study or discipline of ethics.
C. branch away from social ethics to personal ethics.
D. describe what people do.
Answer: A
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On August 1, Kim Company accepted a 90-day note receivable as payment for services provided to HsuCompany. The terms of the note were $20,000 face value and 6% interest. On October 30, the journal entry torecord the collection of the note should include a
a. credit to Notes Receivable for $20,300 b. debit to Interest Receivable for $300 c. credit to Interest Revenue for $300 d. debit to Notes Receivable for $20,000
For the past 40 years Bhutan, a kingdom of 754,000 people in the Himalaya mountains, has relied on the following measure:
A) GNI. B) GDP. C) GNH. D) GNP. E) GTE.
Sales returns and allowances are deducted from gross sales on the balance sheet
Indicate whether the statement is true or false
Another term for an invoice is a bill
Indicate whether the statement is true or false