Which One of the Following General Statements About Credit Cards

question 5

Multiple Choice

Which one of the following general statements about credit cards is correct -

• A) credit card payments must be entered in the receipts journal
• B) credit card receipts are deposited into the accounts receivable account
• C) credit cards sales do not involve any linked accounts
• D) the credit card discount fee is deducted from the receipts

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Definitions:

Ethical Decision-Making

The process of evaluating and choosing among alternatives in a manner consistent with ethical principles.

Ethical Codes

Ethical codes are a set of guidelines and principles designed to guide the behavior and decision-making of professionals within a specific field.

Moral Model

This refers to a conceptual framework that emphasizes ethical and moral principles as the basis for determining right and wrong behavior.

Job Performance

The effectiveness and efficiency with which an individual fulfills their work-related tasks and responsibilities.