Which of the Following Types of Transactions May Not Be

question 32

Multiple Choice

Which of the following types of transactions may not be accounted for using the cash method for small proprietorships?

• A)Sales of inventory
• B)Services
• C)Sales of securities by an investor
• D)Payments of debt
• E)All of the choices can be accounted for using the cash method.

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Definitions:

Utilitarians

Proponents of the ethical theory of utilitarianism, which proposes that the best action is the one that maximizes utility, typically defined as maximizing happiness and reducing suffering.

Rightness

The quality or state of being morally correct or justified.

Capabilities Approach

A normative framework that evaluates social arrangements and public policies based on their ability to enable individuals to achieve functionings that they have reason to value.

Martha Nussbaum

A contemporary philosopher and academic who has contributed significantly to political philosophy, ethics, and the understanding of human emotions.