Which of the Following BEST Summarizes the Evidence of Our

question 6

Multiple Choice

Which of the following BEST summarizes the evidence of our considered moral judgments and our moral experience?

• A) Our moral experience provides general background knowledge about morality, while our considered moral judgments provide evaluations of specific actions as right or wrong.
• B) Our considered moral judgments provide evidence that our moral code is correct, while our moral experience reveals how to apply that moral code in practice.
• C) Our considered moral judgments and moral experience provide infallible evidence that we can use to evaluate moral theories.
• D) Our moral experience shows that we must make exceptions to moral rules, while our considered moral judgments show that moral rules must be upheld without exception.

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Definitions:

Periodic Inventory System

An inventory accounting system where inventory levels and cost of goods sold are determined at the end of an accounting period through physical counts.

Merchandise

Goods that are bought and sold in the course of business, typically in a retail or wholesale setting.

Note Payable

A written promissory note in which the borrower agrees to pay back the lender a certain amount of money at a future date or on demand.

Adjusting Entries

Entries made in the general journal at the close of an accounting period to update the ledger accounts for any income or expenses incurred but not yet recorded.