Question
Which ethical theory asserts that the morality of an
action depends on the cultural and societal norms of a particular group?Solution
Explanation: Relativism is an ethical theory that asserts that the morality of an action is dependent on the cultural, societal, or individual context. It suggests that what is considered morally acceptable can vary between different cultures and circumstances. This contrasts with theories that propose universal moral principles.
A company has opening inventory of ₹1,50,000 and closing inventory of ₹2,50,000. Purchases during the year were ₹10,00,000. What is the Inventory ...
A type of market in which securities with less than one year maturity are traded, is classified as
Who has been appointed the first Indian Managing Director of Nippon Koei India (NKI)?
What is the maximum number of companies in which a person can hold directorship?
E-tendering improves procurement mainly by:
As per AS-3, these activities are to be classified into following categories. Identify correct categories.
1. Operating,
2. Non Operating<...
Which of the following will be the journal entry for Credit Sales under Self-Balancing Entry?
An Indian citizen who stays in India for less than how many days during a financial year is considered a Non-Resident Indian (NRI)?
What banking transaction involves the exchange of one currency for another at the prevailing exchange rate?
A bill discounted or purchased (with recourse) by a bank becomes a Non-Performing Asset (NPA) if the bill remains overdue for more than how many days?
