Ethical Standards Are Similar to Legal Rules Because

question 35

Multiple Choice

Ethical standards are similar to legal rules because:

• A)They offer guidance in making decisions about behaviour.
• B)They are not enforceable by prosecution or litigation.
• C)They are based on personal values.
• D)Some consider them to be universal rules applying to everyone, everywhere, all the time.

---

Definitions:

Spending Variance

The difference between the actual amount spent and the budgeted amount for a particular expense category in a specific period.

Catering Supplies

Items such as utensils, dishes, and food ingredients required for preparing and serving food in catering services.

Jobs

Individual units or batches of work that can be distinguished from each other in a manufacturing or service delivery process.

Supplies Cost

The cost associated with materials and items used in the operation of a business but not directly tied to the products being manufactured or services provided.