The ethical standard that assigns a cost accountant the responsibility to perform professional duties in accordance with relevant laws, regulations, and technical standards is:

The correct answer is competence.

Explanation:

Professional competence is made up of knowledge, skills, values, ethics and attitude; With all these qualities, the professional can perform his duties competently. These skills are developed to the extent that more experience with the practice is acquired, also the professional acquires the commitment to be constantly updated and lifelong learning.

The profession serves the interest of the public, so demand for the guarantee and assurance of work, in that sense the ideal is to have a goal of continuous professional development that contributes to integral growth.

1   all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know

a.