Two Basic Ethical Ideals Underpin the Caux Principles for Business

question 40

Multiple Choice

Two basic ethical ideals underpin the Caux Principles for Business. They are

• A) right and wrong.
• B) shinpai suna and corporate social responsibility.
• C) profits and pride.
• D) kyosei and human dignity.
• E) self-fulfillment and happiness.

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Definitions:

Debt

Debt signifies an amount of money borrowed by one party from another, often with the agreement that it will be repaid, usually with interest, at a future date.

Schedule L

A form used by businesses filing their federal tax return to provide a balance sheet if they have more than $250,000 in receipts or assets.

Net Income

The total earnings of a company after subtracting all expenses from revenues, indicating the actual profitability of the company.

Tax Law

The body of laws and regulations governing the administration of taxes, including levies on income, property, transactions, and estates.