Question

Ethics in Business and Accounting Question 1. Provide some examples of self vs. imposed regulation.

Ethics in Business and Accounting Question

1. Provide some examples of self vs. imposed regulation.

Homework Answers

Answer #1

Examples of self regulation:

  1. Do not charge extra for services not given.
  2. Do not provide bad services to clients.
  3. Maintain the quality of goods and services in order to nurture the business further.
  4. Ensure that after sales services are provided properly.
  5. Ensure that client's grievances are handled properly.

Examples of imposed regulation:

  1. Proper Maintenance of books of accounts.
  2. Proper recording of all the transactions.
  3. Get accounts audited.
  4. Ensure proper internal controls are in place so that no fraud takes place or can be prevented from taking place.
  5. Pay all the taxes and government dues on time.
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Ethics in Business and Accounting Question What are some real or hypothetical examples of how Rawls'...
Ethics in Business and Accounting Question What are some real or hypothetical examples of how Rawls' Maximin approach could be applied to a group (company, government, informal group, etc.)? Would "maximizing the minimum" for that group be an effective and/or ethical strategy to follow?
(TCO 1) Provide three examples of situations in which business ethics play a role in the...
(TCO 1) Provide three examples of situations in which business ethics play a role in the financial management process. Explain your rationale, and how these situations may affect the value of the firm.
Ethics in Business Accounting Question Tell us an example of a business ethics dilemma you personally...
Ethics in Business Accounting Question Tell us an example of a business ethics dilemma you personally encountered, how did you resolve this dilemma?
Ethics in Business Accounting Question Based on the definition the chapter gave for ethical relativism do...
Ethics in Business Accounting Question Based on the definition the chapter gave for ethical relativism do you think that issues like child labor or gender equality should be considered ethically wrong based on a society's values?
Ethics in Accounting and Business Question Do you think that employees should have an expectation of...
Ethics in Accounting and Business Question Do you think that employees should have an expectation of privacy with regards to what they do in their spare time or do you think that they should be able to be fired because of their actions while they are not working?
Ethics in Business Acct Question 1. Evaluate Kermit Vandivier's actions. Is he a hero or a...
Ethics in Business Acct Question 1. Evaluate Kermit Vandivier's actions. Is he a hero or a villian?
1. What distinguishes a merchandising business from a service business? Give some examples.
1. What distinguishes a merchandising business from a service business? Give some examples.2. Is a restaurant a service business or merchant, or is it an example of both?
QUESTION 1 Some examples of policy tools aimed at reducing inequality include all but which of...
QUESTION 1 Some examples of policy tools aimed at reducing inequality include all but which of the following:         Encouraging entrepreneurs         Imposing anti-competitive measures         Imposing administrative barriers to trade         Maintaining fairness in market mechanisms 0.25 points    QUESTION 2 Corruption is a serious issue in all but which one of the following countries?         Philippines         Indonesia         China         Australia 0.25 points    QUESTION 3 Supporters of capitalism...
QUESTION 1 The most common type of business organisation is a. non-for-profit organisation b. partnership c....
QUESTION 1 The most common type of business organisation is a. non-for-profit organisation b. partnership c. company/corporation d. sole proprietorship 1 points    QUESTION 2 A business financial statement is meant to convey information about the business to _________________ users in order to help them make decisions about the business. a. internal and external b. internal only c. external only d. none of the above 1 points    QUESTION 3 Which of the following is an advantage of being a...
70. Referring to question 69 - this student wants to go into some area of business....
70. Referring to question 69 - this student wants to go into some area of business. Would you recommend sales or accounting? Support your answer by using the data from question 69. (Question 69 has been answered below for referencing) 69. Here is some aptitude data for a student. Calculate Z scores and convert to T scores. For each measure, a higher score indicates more of the characteristic. Measure X μ σ Z score T score Extraversion 34 40 8...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT