What Does Normative Ethics Study

question 22

Multiple Choice

What does normative ethics study?

• A) theories that explain why people behave as they do
• B) normative standards in different disciplines
• C) the meaning and logical structure of moral beliefs
• D) principles, rules, or theories that guide our actions and judgments

Identify when diversity initiatives may not contribute to an organization's goals.

Understand the requirements for equal pay for men and women performing similar work.

Comprehend the regulatory framework and operational scope of the EEOC.

Grasp the essentials of the Americans with Disabilities Act.

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Definitions:

Allowance Method

An accounting technique used to estimate and account for bad debts expense, building an allowance for doubtful accounts.

Bad Debts Expense

The cost associated with accounts receivable that a company cannot collect and thus writes off as a loss.

Allowance for Doubtful Accounts

A valuation account used to estimate the portion of a company's accounts receivable that may not be collectible.

Net Realizable Value

The estimated selling price in the ordinary course of business, minus any costs related to the sale or completion of goods.