The Standards and Rules in Businesses That Help Someone Decide

question 21

Multiple Choice

The standards and rules in businesses that help someone decide right from wrong are called ________.

• A) corporate governance
• B) laws
• C) ethics
• D) morals

---

Definitions:

Stripping Activity Asset

An asset resulting from the removal of overburden or waste materials in mining operations, where the activity provides better access to mineral ore.

Surface Mine Stripping Costs

Expenses incurred in the process of removing overburden or waste material to access a mineral resource in surface mining operations.

Production Phase

The stage in a project or company's lifecycle focused on actual manufacturing or creation of products or services.

Statement of Affairs

A statement of affairs is a financial report summarizing the assets and liabilities of a company, particularly in the context of a bankruptcy or insolvency situation.