Which of the following best describes the concept of ethics?
A) Protecting information entrusted to your care
B) Security measures in software and hardware
C) Undistorted data
D) Accepted principles of conduct that govern behavior
E) A code of conduct
Answer: D
Explanation: D) Ethics are the accepted principles of conduct that govern behavior within a society. There are many things that can be done to promote an ethical work environment such as security, a code of conduct, and using undistorted data in communications.
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At December 31, Year 1, Stock to the Hand, Inc.'s, assets were $250,000 and liabilities were $150,000. At December 31, Year 2, Stock to the Hand's assets were $320,000 and liabilities were $200,000. During Year 2, Stock to the Hand's revenues were $87,000 and expenses were $47,000. No new stock was issued. Dividends for December 31, Year 2, on the statement of shareholders' equity equals $_______.
a. 20000 b. 30000 c. 40000 d. 50000
What is the difference between a tax-backed bond and a revenue bond?
What will be an ideal response?