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Which of the Informal Elements of Ethics Focuses on the Words

question 34

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Which of the informal elements of ethics focuses on the words, talk, attitudes, and values used within an organization?


Definitions:

Major Repairs

Expenditures that substantially extend the useful life of an asset or improve its functionality, as opposed to regular maintenance.

Insurance

Insurance is a financial product that provides protection against potential future losses or damages, in exchange for premium payments.

Intracompany Comparison

This involves comparing financial data or performance indicators within the same company over different time periods to assess trends or improvements.

Horizontal Analysis

An analysis method where financial statement items are compared across different periods, to identify trends or significant changes over time.

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