Examlex
Which of the following is NOT included in the CPA ethics code?
Substitute Products
Goods or services that can be used in place of each other, offering consumers an alternative choice.
Economies Of Scale
Refers to the cost advantages that enterprises obtain due to size, output, or scale of operation, with cost per unit of output generally decreasing with increasing scale as fixed costs are spread out over more units of output.
Industrial Standards
Established norms and requirements regarding technical specifications and safety measures that products or processes should meet within an industry.
Knowledge Retention
Knowledge Retention is the process of systematically capturing, storing, and managing the knowledge created within an organization to ensure it can be accessed and used in the future.
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