Ethics Refers to the Rules and Principles That Define Right

question 64

True/False

Ethics refers to the rules and principles that define right and wrong behaviour.

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Definitions:

Overhead Cost Driver

A factor that influences or contributes to the overhead costs of a business.

Employee Time Ticket

A document that records the amount of time an employee spends on various tasks, used for payroll and accounting purposes.

Cost Driver

A factor that influences or contributes to the expense of certain business operations.

Direct Costs

Costs that can be directly attributed to the production of a specific good or service, such as raw materials and direct labor.