________ Are the Accepted Principles of Right or Wrong Governing

question 7

Multiple Choice

________ are the accepted principles of right or wrong governing the conduct of businesspeople.

• A) Sustainable strategies
• B) Business ethics
• C) Moral worth of actions
• D) Ethical strategies

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Definitions:

Static Budget

A projection of budget data at one level of activity.

Actual Activity

This refers to the measure of the real amount of production activity or work completed in a specified period.

Budget Reports

Financial statements that compare budgeted data to actual financial performance over a specific time period.

Planned Objectives

Specific, measurable goals that an organization or individual aims to achieve within a set timeframe.