Which of the Following Is a Basic Definition of Ethics

question 52

Multiple Choice

Which of the following is a basic definition of ethics?

• A) moral guidelines for behavior
• B) Principles or beliefs that define right and wrong conduct
• C) rules for acknowledging the spirit of the law
• D) principles for legal and moral development

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Definitions:

Gross Profit

The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Profit Centers

Segments or areas within an organization that are responsible for generating their own revenues and profits.

Square Footage

Square Footage is a measurement of area used primarily in the United States to indicate the size of a space, such as a room, house, or building, measured in feet.

Production Departments

Specific areas or divisions within a manufacturing facility focused on producing particular goods or services.