A PR Practitioner Who Adheres to Agent-Based Ethics Will Base

question 1

Multiple Choice

A PR practitioner who adheres to agent-based ethics will base ethical decisions on which of the following?

• A)potential outcomes
• B)established rules
• C)universal laws
• D)compassion

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Definitions:

Adjusting Entries

Journal entries made at the end of an accounting period to allocate revenues and expenses to the period in which they actually occurred.

Total Assets

The sum of all owned resources that have economic value and can be converted into cash, which appear on a company's balance sheet.

Accrued Expenses

Expenses that have been incurred but not yet paid, recognized in the financial statements before the cash transactions occur.

Depreciation Expense

The allocation of the cost of a tangible asset over its useful life, reflecting the asset's consumption, wear and tear, or obsolescence.