Acc455 - Study guides, Class notes & Summaries

B. Leases similar to installment purchases are capitalizedWhich of the following best describes current practice in accounting for leases? A) Leases are not capitalized B) Leases similar to installment purchases are capitalized C) All long-term leases are capitalized D) All leases are capitalized

The six core ethical values described by the Josephson Institute are: 1. Trustworthiness 2. Respect 3. Responsibility 4. Fairness 5. Caring 6. Citizenship There are many other potential sources of ethical values, including laws and regulations, church doctrines, codes of professional ethics, and individual organizations' codes of conduct. An ethical dilemma is a situation that a person faces in which a decision must be made about the appropriate behavior. There are many possible et...

ACC 455 Final Exam