Which of the Following Is Not a Component of the Framework

question 61

Multiple Choice

Which of the following is not a component of the Framework for Understanding Ethical Decision Making in Business?

• A) Ethical issue intensity
• B) Individual and organizational factors
• C) Internal controls
• D) Business ethics intentions, behaviors, and evaluations

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Definitions:

Accounting Changes

Accounting Changes are modifications in the accounting methods, estimates, or reporting entity that affect the financial statements of a company.

Net Income

The total earnings of a company after subtracting all expenses from revenues, also known as net earnings or net profit.

Financial Statements

Documents that provide an overview of a company's financial condition, including the balance sheet, income statement, and cash flow statement.