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According to the Ethical Norms and Values for Marketers from the American Marketing Association,which of the following ethical values states that a marketer should accept the consequences of the marketing decisions and strategies taken by him or her?
Residual Value
The anticipated price that an asset will fetch at the time of its disposal, following the conclusion of its useful lifespan.
Adjusted Trial Balance
A compilation of every account along with their revised balances following adjustment entries, utilized in the preparation of financial reports.
Closing Entries
Entries recorded at the conclusion of an accounting cycle to shift balances from temporary to permanent accounts.
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