______ Refers to Standards of Conduct and Moral Values of a Firm

question 61

Multiple Choice

______ refers to standards of conduct and moral values of a firm.

• A) Business ethics
• B) Social responsibility
• C) A social audit
• D) Creativity

Calculate the maturity value of investments and loans using simple interest rates.

Determine equivalent payment values and settle obligations in financial transactions considering the time value of money.

Analyze and apply the concept of discount rates in financial decisions.

Calculate interest earned on term deposits and savings accounts.

---

Definitions:

Income Increase

A rise in the amount of money earned from various sources, including work, investments, or business operations.

Variable Costing

A costing method that includes only variable costs—costs that change with production levels—in the calculation of product costs.

Net Income

The total profit of a company after subtracting all expenses from total revenues, reflecting the company's financial performance over a given period.

Contribution Margin

The amount by which a product's sales price exceeds its total variable costs, used to cover fixed costs and generate profit.