Which of the Following Can Be Deduced from the Provisions

question 52

Multiple Choice

Which of the following can be deduced from the provisions in the Code of Hammurabi?

• A) Unethical business practices existed many thousands of years ago.
• B) Civilization in ancient Mesopotamia understood that slavery was unethical.
• C) Unethical business practices appeared with the emergence of capitalism.
• D) Division of labor reduced the quality of life for workers even in ancient times.

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Definitions:

Vertical Analysis

A method of financial statement analysis where each entry for a given period is presented as a proportion of a fixed line item.

Total Assets

The sum of all assets owned by a company, including cash, inventory, and property.

Accounts Receivable

Money owed to a company by its customers for goods or services that have been delivered but not yet paid for.

Percentage Of Decrease

A measure that calculates the decrease in a quantity as a percentage of its previous value.