__________ Are Norms Defined by Governments as Principles That Their

question 64

Multiple Choice

__________ are norms defined by governments as principles that their citizens must follow; a __________ is any type of behavior that violates these norms.

• A)Laws; crime
• B)Informal codes; breach
• C)Taboos; sin
• D)Guidelines; deviation
• E)Negative reinforcements; positive reinforcement

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Definitions:

Accounts Payable

Liabilities owed by a business to its creditors for goods and services purchased on credit, which are due within a short period.

Debit Memorandum

A document issued by a buyer to a seller indicating returned goods or a request for a price reduction, increasing the buyer's accounts payable.

Sales Returns and Allowances

A reduction in sales revenue for returned goods or provided allowances due to dissatisfaction or defects.

Merchandise Inventory

Goods that a merchandising company holds for the purpose of resale to customers in the ordinary course of business.