Formal Frameworks Have Been Developed to Help People Resolve Ethical

question 46

Multiple Choice

Formal frameworks have been developed to help people resolve ethical dilemmas.After obtaining the relevant facts and identifying the ethical issues from the facts,what is the next step in the five-step ethical framework described in the chapter?

• A)Decide on the appropriate action to be taken in resolving the ethical dilemma.
• B)Identify the likely consequences of actions that will be taken.
• C)Identify who is affected and how each is affected.
• D)Identify the alternatives available to the person who must resolve the dilemma.

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Definitions:

Services

Intangible products offered by businesses, such as consulting, repairs, or entertainment.

3-way Match

An accounting control process matching the purchase order, delivery note/packing slip, and invoice before making a payment to the supplier.

Internal Control

Processes and procedures put in place by a company to ensure the integrity of financial and accounting information, enhance accountability, and prevent fraud.

Sales Tax Payments

Payments made to local, state, or federal tax authorities for sales tax collected from customers on taxable sales.