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An Ethical Theory Is a Systematic Exposition of a Particular

question 2

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An ethical theory is a systematic exposition of a particular view about what is the nature and basis of good or right.


Definitions:

Adjusting Entry

A journal entry made at the end of an accounting period to allocate income and expenses to the period in which they actually occurred.

Adjusting Entry

A journal entry made at the end of an accounting period to record unbilled, uncollected, or unpaid transactions, ensuring the financial statements are accurate.

Insurance Expense

The cost incurred by a business or individual for obtaining protection against various risks, recorded as an expense in the accounting period in which it is incurred.

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