Which of the Following Is a Socializing Force That Dictates

question 206

Multiple Choice

Which of the following is a socializing force that dictates what is morally right and just?

• A)federal regulatory agencies like the FTC
• B)federal,state,and local legislation
• C)the U.S.Supreme Court
• D)culture
• E)organizational core values

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Definitions:

Noncash Asset

Assets that cannot be easily converted into cash, such as buildings, equipment, and inventory.

Long-term Debt

Borrowings and financial obligations that are due to be repaid over a period longer than one year.

Financing Activities

Transactions that result in changes in the size and composition of the equity and borrowings of a company.

Cash Flow Statement

A financial statement that shows how changes in balance sheet accounts and income affect cash and cash equivalents, breaking the analysis down to operating, investing, and financing activities.