The Five Fundamentals of Ethics Education Proposed by AACSB Are

question 22

True/False

The five fundamentals of ethics education proposed by AACSB are: personal integrity,responsibility of business in society,ethical decision making,ethical leadership,and corporate governance.

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Definitions:

Net Income

The residual income of a company after all expenses have been deducted from revenues.

Accounts

Financial records that track the financial transactions and positions of a business, including assets, liabilities, revenue, and expenses.

Balances

The amount of money or value remaining in financial accounts, such as in banking or accounting.

December 31

The last day of the year, commonly used as a cutoff date for accounting and financial reporting purposes.