Rules for Behavior in Social Settings,which Are Usually Unwritten or Unspoken,are

question 63

Multiple Choice

Rules for behavior in social settings,which are usually unwritten or unspoken,are called ____.

• A)conventional behaviors
• B)social norms
• C)codes
• D)customs

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Definitions:

Tax Rate

The proportion of income that is taken as tax from a person or business.

Goodwill

An intangible asset that arises when a company acquires another business for more than the fair value of its net assets, representing future economic benefits.

Deferred Income Tax Liability

A financial accounting term representing taxes that are owed but not yet paid, resulting from temporary differences between the IRS and accounting methods.

Income Tax Rate

The fraction of one's earnings or a company's profits that must be paid in taxes.