The Following Is Selected Information from Motley Corporation for the Fiscal

question 72

Multiple Choice

The following is selected information from Motley Corporation for the fiscal year ending October 31, 2022. Based on the accrual basis of accounting, what is Motley Corporation's net income for the year ending October 31, 2022?

• A)$72,000
• B)$104,000
• C)$139,000
• D)$155,000

Recognize the ethical standards and practices within organizational buying and selling.

Understand the impact of collective decision-making processes on B2B transactions.

Analyze the role of digital tools and social networks in B2B marketing and networking.

Identify the significance and impact of unspoken guidelines within an organization's culture.

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Definitions:

Rule

A prescribed guide for conduct or action established by an authority, principle, or procedure that governs behavior.

Omission

The act of leaving out or excluding something, either intentionally or inadvertently, from consideration or action.

Commission

A fee paid to an agent or employee for transacting a piece of business or performing a service.

Misrepresentation

A false statement or lie that deceives, misleads, or presents an inaccurate picture of the reality.