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What Step in the Process of Ethical Decision Making Involves

question 4

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What step in the process of ethical decision making involves participants excluding results that are unacceptable, along with their potential consequences?  


Definitions:

Net Operating Income

Earnings derived from a company's everyday business operations, excluding taxes and other non-operational expenses.

Standard Cost

A predetermined cost of manufacturing, administering, or marketing a product under normal conditions.

Selling and Administrative Expenses

The sum of all direct and indirect selling expenses and all general and administrative expenses of a company.

Finished Goods Inventory

Completed products that are ready for sale but have not yet been sold.

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