According to Lehman and Dufrene (2011), the Purpose of Ethics

question 40

Multiple Choice

According to Lehman and Dufrene (2011) , the purpose of ethics is to

• A) deal with customers quickly.
• B) get away with unlawful or improper behaviour.
• C) be guided by principles of right and wrong in making decisions.
• D) be good at the technical side of the job.

---

Definitions:

Straight-Line Depreciation

A manner for spreading out the cost of a tangible asset across its useful life in regular yearly installments.

Income Taxes

Income taxes are taxes imposed by governments on the income generated by businesses and individuals within their jurisdiction.

Operating Cash Inflow

Money generated from a company's regular business operations, indicating its capacity to maintain and grow operations.

Internal Rate of Return

A metric used in financial analysis to estimate the profitability of potential investments, calculated as the rate of return that sets the net present value of all cash flows from the investment equal to zero.