What Are the Policies and Procedures That Address the Ethical

question 53

Multiple Choice

What are the policies and procedures that address the ethical use of computers and Internet usage in the business environment?

• A) Ethics
• B) ePolicies
• C) All of the above
• D) None of the above

Understand the treatment of consignment goods, goods in transit, and returns on inventory counts and financial reporting.

Understand the principles of inventory costing methods (e.g., FIFO, LIFO, average cost, and specific identification).

Calculate gross profit using different inventory costing methods.

Understand the application of perpetual and periodic inventory systems.

---

Definitions:

Mini-Cog Test

A brief screening tool used to evaluate cognitive function, particularly to screen for signs of dementia or Alzheimer's disease; it involves memory and clock drawing tests.

Snake Phobia

An intense, irrational fear of snakes, medically known as ophidiophobia.

Inappropriate Affect

A behavioral condition where an individual’s emotional expression is not congruent with the situation or their underlying emotional state.

Schizophrenia

A mental disorder characterized by disruptions in thought processes, perceptions, emotional responsiveness, and social interactions.