According to Which of the Following Rules Is an Ethical

question 73

Multiple Choice

According to which of the following rules is an ethical decision one that distributes rewards and harms in a fair way?

• A)justice rule
• B)moral rights rule
• C)utilitarian rule
• D)practical rule

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Definitions:

Salvage Value

An asset's remaining worth estimated at the conclusion of its life of use.

Book Value

Book value is the net value of a company's assets found on its balance sheet, and it is calculated by subtracting liabilities from the total value of assets.

Double-declining-balance

An accelerated method of depreciation which doubles the normal depreciation rate, reducing the asset's book value more quickly.

Salvage Value

The forecasted price an asset will fetch at the time of sale once its period of usefulness is over.