Provide a Short Answer to Each of These Questions

question 79

Essay

Provide a short answer to each of these questions. Be sure to fully explain your answer.
-Describe how a Venn diagram can help a manager evaluate moral dilemmas and come to decisions about those situations.

---

Definitions:

Net Income

The amount of profit remaining after all expenses, including taxes and interest, have been deducted from total revenues.

Valuation Allowance

An accounting technique used to offset or reduce the carrying value of certain tax assets if it's more likely than not that they will not be realized.

Unrealized Gain

The increase in value of an asset or investment that has not been sold or exchanged, thus not yet generating cash.

Trading Investments

Assets that a company primarily buys and sells to generate profit from short-term fluctuations in price.