One of the Indications of Ethical Business Behaviour Is Which

question 70

Multiple Choice

One of the indications of ethical business behaviour is which of the following?

• A) the number of mature workers in the company
• B) the number of rules, regulations, and guidelines provided by the company
• C) the behaviour of the company's senior management
• D) the perception of company rules by employees

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Definitions:

Accrual Basis of Accounting

An accounting method that records revenues and expenses when they are incurred, regardless of when cash transactions occur.

Electricity Invoice

A bill issued by an electricity provider detailing the charges for electric consumption over a specific period.

Expense Recognition

An accounting principle that matches expenses with revenues in the period in which the expense is incurred to generate those revenues.

Accrual Basis of Accounting

A financial recording technique that logs income and costs as they are accrued, without considering the actual exchange of cash.