The Ethics Competency Involves the Knowledge,skills,and Abilities Needed by Individuals,teams,and

question 84

True/False

The ethics competency involves the knowledge,skills,and abilities needed by individuals,teams,and organizations to incorporate values and principles that distinguish right from wrong when making decisions and choosing behaviors.

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Definitions:

Tax Rate

The percentage at which an individual or corporation is taxed on their income.

Account Receivable

Amounts owed to a company by customers for goods or services that have been delivered or used but not yet paid for.

Reportable Segments

These are operational segments of a business that have distinct financial data available, and whose results are regularly reviewed by the entity’s chief operating decision maker.

Profits Test

A criterion used to evaluate the profitability of a business or investment, often assessing whether revenues exceed costs or expenses to determine financial viability.