Employees Who Are Similar in Their Level of Skill, Performance

question 37

Multiple Choice

Employees who are similar in their level of skill, performance, or responsibility should receive similar pay; allocation of outcomes should not be based on differences such as gender, race, or religion. This is an example of which rule of ethical decision making?

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

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Definitions:

Stockholders' Equity

The portion of a company's assets that belongs to the shareholders after liabilities have been subtracted.

Dividends In Arrears

Unpaid dividend amounts on cumulative preference shares that must be paid out before any dividends can be distributed to common shareholders.

Paid Preferred Dividends

Dividends distributed to preferred stockholders, typically on a fixed schedule, before any dividends are given to common stockholders.

Declared Preferred Dividends

Dividends announced by a company's board of directors to be paid on preferred shares.