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Will works in a position where there is very little supervision.In fact,although he considers himself ethical,he figures he could go away for a week without anyone noticing.Which general set of factors is most likely to influence Will's ethical behavior?
Tangible Long-Lived Assets
Physical assets that are used in the operations of a business, have a useful life of more than one year, and are not intended for resale.
Nonmonetary Exchange
Transactions in which businesses or individuals trade goods or services without the use of money or monetary units.
Fair Value
Fair value is the estimated price at which an asset or liability could be traded in a fair and open market transaction, reflecting its current market value.
Cost Base
The total amount of investment in an asset, used for tax purposes to determine capital gains or losses upon disposal.
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