A Behavior May Be ________ and Still Not Be Ethical

question 44

Multiple Choice

A behavior may be ________ and still not be ethical.

• A) Legal
• B) Officially permitted
• C) Officially authorized
• D) Permissible
• E) Official

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Definitions:

Aging Schedule

A method used in accounting to display the breakdown of receivables or payables by their due dates, helping businesses manage their cash flow.

Accounts Receivable

Money owed to a company by its customers for products or services that have been delivered or used but not yet paid for.

Credit Report

A document that contains a detailed history of an individual's or company's credit activities and current credit situation.

Risk Assessment

The identification, evaluation, and estimation of the levels of risks involved in a situation, followed by the coordination of resources to minimize, monitor, and control the probability or impact of unfortunate events.