When Analyzing an Ethical Problem, the Method in Which You

question 4

Multiple Choice

When analyzing an ethical problem, the method in which you ask yourself whether you can vindicate your actions to others is known as the:

• A) interpersonal justifiability test.
• B) rationalization test.
• C) impartiality test.
• D) universalizability test.

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Definitions:

Normal Balances

Refers to the side of an account (debit or credit) where increases in the account are recorded.

Accounts

Financial records that track the transactions and balances for specific items such as assets, liabilities, equity, revenue, and expenses.

Debit

An accounting entry that results in either an increase in assets or a decrease in liabilities or equity on a company's balance sheet.

Credit

An accounting entry that increases a liability or equity account, or decreases an asset or expense account. It is also used in banking to denote the addition of funds to an account.