Determining What Is Ethical Can Sometimes Be Difficult Because Certain

question 341

Multiple Choice

Determining what is ethical can sometimes be difficult because certain actions can be justified or condemned depending on how you view the relationship between ___ and ________.

• A)Legal and confidential
• B)Legal and ethical
• C)Legal and technical
• D)Confidential and open

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Definitions:

Sales

Transactions involving the exchange of goods or services for money or other compensation.

Certain Carrying Charges

Expenses necessary for holding or maintaining property, which may be deductible for tax purposes.

State Income Tax Refund

State income tax refund is the money returned to a taxpayer from the state government if they overpaid their state income taxes.

1099-G

A tax form used in the United States to report certain government payments, like state tax refunds.