Summarize the Reasons Why Managers Should Behave Ethically

question 36

Essay

Summarize the reasons why managers should behave ethically.

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Definitions:

Supplies On Hand

Refers to the inventory of supplies that a business currently has available for use at any given time.

Depreciation

The methodical distribution of a physical asset's expense over its lifespan, indicating the asset's use, deterioration, or becoming outdated.

Office Building

A structure designed exclusively for commercial, administrative, or professional operations, housing multiple offices.

Adjusting Entry

An accounting entry made in the general ledger at the end of an accounting period to allocate income and expenditure to the correct periods.