If a Behavior Is Considered Ethical,this Most Likely Suggests It

question 7

Multiple Choice

If a behavior is considered ethical,this most likely suggests it is ____.

• A) legally right
• B) legally wrong
• C) morally right
• D) morally wrong

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Definitions:

Differential Analysis

A method used in both financial and managerial accounting that focuses on the differences in costs and revenues between two or more business decisions.

Depreciated

The decrease in the value of an asset over time due to wear and tear, obsolescence, or other factors, reflected in accounting through depreciation.

Sales Commission

A sum paid to salespersons, often calculated as a fixed percentage of the sales they generate.

Product Cost Method

A method of accounting for costs that are directly associated with the production of goods, including direct materials, direct labor, and factory overhead.