Mick Has Been Padding His Expense Account on Business Trips

question 75

Multiple Choice

Mick has been padding his expense account on business trips. However, it seems fair to him because the company refuses to provide him with comp time despite long hours he works on these business trips. Which ethical generalization does this most likely illustrate?

• A) Individuals have their own personal belief system.
• B) Individuals are typically consistent with their beliefs.
• C) Individuals can rationalize behavior in various circumstances.
• D) Individuals from the same cultural contexts have similar beliefs.

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Definitions:

General Journal

A primary accounting record used to record all types of transactions before they are posted to specific accounts in the general ledger.

General Journal

A primary accounting record used to record all types of accounting transactions before they are posted to individual accounts in the general ledger.

Legal Fees Revenue

Income earned by businesses or individuals through providing legal services.

General Journal

A fundamental accounting ledger where financial transactions are initially recorded before being transferred to specific accounts in the ledger.