In Stage ________ of Kohlberg's Theory of Moral Development, Individuals

question 9

Multiple Choice

In stage ________ of Kohlberg's theory of moral development, individuals focus less on what is pleasing to particular people and more on adhering to a complex set of regulations which are not questioned.

• A) two
• B) three
• C) four
• D) five
• E) six

---

Definitions:

Capital Budgeting

Capital budgeting is the process a business undertakes to evaluate potential major investments or expenditures to achieve long-term benefits.

Straight-Line Depreciation

A depreciation method where an asset's cost is evenly distributed over its expected lifespan.

Net Present Value

A financial metric used to evaluate the profitability of an investment, calculated by subtracting the present value of cash outflows from the present value of cash inflows over a period.

Capital Budgeting

The process of making long-term planning decisions for investment projects, evaluating their potential profitability and financial impact.