_____ is the systematic study of values guiding our decision making.
A. Moral interpretation
B. Moral absolutism
C. Ethical relativism
D. Ethics
Answer: D. Ethics
Business
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Lite-Mart, a C corporation, had a beginning credit balance in its warranty reserve account of $120,000. During the year, Lite-Mart accrued estimated warranty expense of $16,000. At the end of the year, Lite-Mart's warranty reserve had a $90,000 credit balance. What amount of warranty expense should Lite-Mart deduct?
a. $46,000 b. $30,000 c. $16,00 d. $14,000
Business
Part of Domino's Pizza's original success was based on getting pizzas delivered more quickly than competitors. This strategy is called
a. strategic planning b. cost leadership c. focus. d. high speed
Business