Illustrations of unethical and unacceptable actions
Write down a brief note on the illustrations of unethical and unacceptable actions?
Expert
The illustrations of unethical and unacceptable actions comprise:
a) Paying bribe to persuade staff of other businesses to reveal the information regarding the employee’s business which could be helpful.
b) Oppressive treatment of suppliers, for illustration, making suppliers waits excessive periods prior to payment.
c) Manipulating the financial statements to misinform users of them, for illustration, to overstate gain so that senior managers become entitled for performance bonuses.
Differential Cost: The cost difference predicted when one course of action is adopted rather than others.
Incremental Cost: The raise or reduction in total costs which would result from a decision to raise or reduce output level, to add a service or task, or to modify any part of operations. This information aids in making decisions such
Direct Cost: The cost of resources directly used by an activity. The direct costs are assigned to actions by direct drawing of units of resources used by individual actions. A cost which is particularly recognized with a single cost o
Briefly list out the main users of the accounting information which are related to the business?
Explain the term fixed capital of partners? Answer: Partners' capital is state to be fixed if the capital of Partners remains unchanged except in the situation where
Why you want to be an accountant? Normal 0 false
Activity: The real work task or step executed in generating and delivering products and services. The aggregation of actions executed within an organization which is helpful for the purpose of activity-based costing.
Partnership deed: Partnership deed is a written agreement including the terms and conditions agreed by all the Partners.
Expense: The Outflow or other using up of resources or acquiring liabilities (or a combination of both), the advantages from which exert to an entity's operations for the present accounting period, however they do not expand to future
Outputs: Any product or service formed from the consumption of resources. This can comprise information or paper work produced by the completion of the tasks of an activity.
18,76,764
1922599 Asked
3,689
Active Tutors
1421523
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!