________ provide a tangible description of an organization's values and guidelines.
A. Ethical audits
B. Behavioral codes
C. Ethical judgments
D. Codes of ethics
Answer: D
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To sell her weather-resistance wicker furniture, Melanie would ask a prospect to accompany her outside and pour a five-gallon bucket of water on a chair. After a few minutes of rapport-building conversation, Melanie would sit in the chair, then stand up and casually remark, "You probably think I've gotten all wet?" Instead of being wet, Melanie and the chair would be dry because of the water-repellant used in manufacturing. What kind of approach did Melanie use?
What will be an ideal response?
The term "issuer"
a. is not used in relation to commercial paper. b. is an all-purpose term that means both maker and drawer. c. is synonymous with drawee. d. is used in relation to commercial paper only to indicate the bank which creates a certificate of deposit.
Manuel, in conducting an audit, must rely most heavily on rules found in generally accepted accounting principles (GAAP)
a. True b. False Indicate whether the statement is true or false
If you borrow $100,000 at an annual rate of 8.00% for a 10-year period and repay the interest of $8,000 at the end of each year prior to maturity and the final payment of $108,000 at the end of 10 years, then you have just repaid what type of loan?
A) Amortized loan B) Interest-only loan C) Discount loan D) Compound loan