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In the chapter, there is the statement, "Internet companies are in business for the money and hence they really would prefer to keep their customers in the dark about how their personal data is being used to generate profits". Assuming this statement is true, with which ethical theory would you say these Internet companies are most aligned?
Journal Entry
A record in the accounting journal that represents a financial transaction and includes details such as date, amounts, accounts impacted.
Debit
A debit is an accounting entry that increases an asset or expense account or decreases a liability or equity account.
Total Retirement
The total amount of savings, investments, and other financial resources a person has accumulated for retirement.
FICA-OASDI
Federal Insurance Contributions Act - Old Age, Survivors, and Disability Insurance, a payroll tax that funds the Social Security and Medicare programs in the United States.
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