Duty ethics emphasize that individuals ought to commit themselves to a series of moral rules or standards and make decisions based on those principles. The term ________-derived from the Greek word for obligation-is commonly used to label this school of thought.

Fill in the blank(s) with the appropriate word(s).


deontology

Business

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The Sarbanes-Oxley Act requires that:

A. public corporations disclose whether they have adopted a code of ethics for senior financial officers. B. special committees of the board be assigned special areas of concern. C. directors are provided with lower incentives to ensure their corporations are not breaking the law. D. privately traded corporations have board audit committees comprising only of internal directors.

Business

When you strongly care only about the outcome of a negotiation, and not the relationship, should you use an agent, or attempt negotiations on your own?

What will be an ideal response?

Business

The high-low method allows you to differentiate between fixed and variable costs when dealing with mixed costs

Indicate whether the statement is true or false

Business

Answer the following statements true (T) or false (F)

The FASB defines comprehensive income using the income-expense approach to defining accounting elements.

Business