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All of the following describes ethics, except: O a. Moral principles that encourages wrongdoing and lying O b. Moral principles that guide individual behaviour O

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All of the following describes ethics, except: O a. Moral principles that encourages wrongdoing and lying O b. Moral principles that guide individual behaviour O c. Moral principles that encourage honesty and fairness Which principle requires a business's financial statement to report its assets at the amount the business paid to buy the asset. even if the current market price of the asset is significantly at a higher amount? O Monetary Unit Principle Going Concern Principle Cost Principle Q Entity Principle

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