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Determine when resolving conflicts of interest

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Question 1: The total assets figure on a balance sheet is $375,000. The Accounts Payable figure is $56,250. On a common-size balance sheet, Accounts Payable would be represented by:

a) It is impossible to determine the correct answer from the data given.

b) 15%.

c) 28%.

d) 67%. as well as,

Question 2: When resolving conflicts of interest, principles guide placing which interest first:

a) Clients

b) Personal advantage

c) The Public

d) Employers

Reference no: EM132473596

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