Which Statement About Ethical Decision Making Is False

question 20

Multiple Choice

Which statement about ethical decision making is false?

• A)learning how to act ethically will make you more marketable.
• B)most people believe they are ethical all of the time.
• C)acting ethically is generally easier in your personal life than in your business life.
• D)ethical decisions are generally more straightforward than ethical dilemmas.

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Definitions:

Physical Inventory

The process of counting the actual inventory on hand at the end of an accounting period, usually for verification purposes.

Inventory System

A system for tracking inventory levels, orders, sales, and deliveries, which can be manual or technologically driven, helping businesses manage their stock efficiently.

Cost Of Goods Sold

The total cost associated with making or buying products that a company has sold during a specific period.

Gross Profit

The financial gain achieved after deducting the cost of goods sold from total sales revenue, not including other operating expenses, interest, or taxes.