Which of the Following Improves the Rationality of an Ethical

question 64

Multiple Choice

Which of the following improves the rationality of an ethical decision?

• A)analyzing the demographics of stakeholders
• B)relying on personal morals and ethics
• C)identifying publics that will be affected
• D)gathering data from multiple sides

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Definitions:

Normal Balance

The usual balance of an account based on its classification in the accounting system, typically debit for assets and expenses, and credit for liabilities, equity, and revenue.

Financial Statement

Formal records of the financial activities and position of a business, person, or other entity.

Direct Write-off Method

An accounting approach where bad debts are recognized and recorded as an expense directly when they are deemed uncollectible.

General Journal

A fundamental accounting ledger that records all businesses transactions in chronological order, prior to being transferred to specific accounts.