Ethics Refers to the Rules and Principles That Define Right

question 157

True/False

Ethics refers to the rules and principles that define right and wrong conduct.

Understand the definition and application of accruals in accounting.

Identify tax deductible expenses and calculate capital gains or losses.

Understand the concept of depreciation and its impact on financial statements.

Recognize different tax bases and calculate effective tax rates.

---

Definitions:

People of Color

A term used to describe individuals of non-white racial or ethnic backgrounds, particularly in contexts related to social and political issues.

Culturally Skilled Counselor

A counselor equipped with the knowledge, skills, and awareness to effectively address and respect clients' cultural backgrounds.

Intervention Strategies

Plans or methods designed to alter behaviors, conditions, or situations with the goal of improving outcomes.

Cultural Competence

The ability to understand, appreciate, and interact effectively with people from cultures or belief systems different from one's own.