BUS 101: Business Code of Ethics

Witness Janice's decision-making process at a market, weighing perceived value against costs. Understand the dynamics of consumer choice in economics. Learn how maximizing utility and budget constraints affect purchasing decisions.

Explore the intricacies of overhead costs in business accounting. Understand the differences between underapplied and overapplied overhead and their impacts on the Cost of Goods Sold. Gain insights into enhancing financial report accuracy through overhead adjustments.

Understand the essence of a 'promissory note', its binding legal nature, and its significance in business dealings. Learn the dynamics between the maker and the payee and how such notes facilitate fluid financial operations.

Discretionary Reporting offers a deeper look into a company's finances beyond standard requirements. By voluntarily providing added details, it enhances transparency, aids stakeholders, and effectively communicates unique circumstances. But, companies must ensure consistency and uphold ethical practices

Learn how to calculate interest and determine maturity values for note payable in this comprehensive financial tutorial. Explore the essential concepts of debt instruments, principal amounts, and interest rates, and gain practical insights into financial calculations.

Explore the pillars of accounting information: Relevance and Reliability. Understand sub-components like predictive value, timeliness, and verifiability. Discover how these qualities enhance decision-making in finance