Examlex
If the average days of collection according to the aging schedule decrease from the first quarter of the year to the second quarter, then your firm's credit policy has tightened.
Right Choice
Making a decision or selection that is considered correct or most fitting based on circumstances or objectives.
Situational Ethics
An ethical theory that posits the morality of an action is determined by the context or situation, rather than by applying universal laws.
Immanuel Kant
An 18th-century German philosopher, known for his work in epistemology, ethics, and aesthetics, emphasizing duty, rationality, and the categorical imperative.
Ethical Fundamentalist
An individual who adheres strictly to a set of ethical rules or principles, often with a belief that these principles are universally applicable.
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