Which of the Following Are Guidelines for Behaving Ethically

question 226

Multiple Choice

Which of the following are guidelines for behaving ethically?
I.Identify the consequences of a decision and its effect on others.
II.Consider your obligations and responsibilities to those affected by the decision.
III.Identify your decision based on personal standards of honesty and fairness.

• A) I and II.
• B) II and III.
• C) I and III.
• D) I, II, and III.

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Definitions:

Assembly Department

A section within a manufacturing facility where components are assembled into final products.

Equivalent Units

A term used in cost accounting to express the amount of work done on partially finished goods in terms of fully completed units.

Work In Process

Inventory that includes items that are in the process of being manufactured but are not yet finished goods.

Assigned Cost

Expenses allocated to a specific product or department within a company, often used in accounting to distribute costs fairly across different areas of a business.