A Code of Conduct Is a Set of Principles That

question 45

True/False

A code of conduct is a set of principles that guide people's behavior and actions when communicating with others via the Internet and social media.

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Definitions:

Net Income

The net earnings of a company, calculated by deducting all operating costs and taxes from the total income.

Adjusting Entries

Entries recorded in the journals at the conclusion of a fiscal period to distribute revenues and costs to the timeframe in which they genuinely took place.

Supplies Expense

The cost of supplies used during an accounting period, typically classified as an operating expense.

Accrued Salaries

Salaries that have been earned by employees but have not yet been paid by the company.