Dividends and expenses increase equity
Indicate whether the statement is true or false
FALSE
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Answer the following statement(s) true (T) or false (F)
1. Business ethics were, at one time, a very important issue in our country, but are no longer a major concern. 2. The utilitarian moral philosophy essentially focuses on individual rights and values. 3. A code of ethics is a written statement in which an organization states what behaviors the organization considers to be ethical. 4. Whistle-blowers are employees who picket an organization while blowing whistles to alert the public to unethical organizational behavior. 5. Employee ethical behavior is often dependent upon the tone and actions of top-level management.
Which of the following items is NOT included in FASB's conceptual framework of accounting theory?
A. qualities of useful accounting information B. fundamental principles and assumptions that guide financial accounting and reporting C. objectives of financial reporting D. All of these choices are included in the conceptual framework
Failure to give ______ means that a defendant's statements or confession cannot be used as evidence against that individual
A) the Miranda warnings B) the Sarbanes-Oxley warnings C) the Fourth Amendment warnings D) the Fifth Amendment warnings
The main standards used by firms to send security assertions to one another is LDAP
Indicate whether the statement is true or false.