A Manager Who Deceives Employees Because He Believes That the Deception

question 38

Multiple Choice

A manager who deceives employees because he believes that the deception maximizes pleasure over pain is acting consistently with which ethical theory?

• A) Act deontology
• B) Ethical relativism
• C) Act utilitarianism
• D) Ethical fundamentalism
• E) Rule utilitarianism

---

Definitions:

Valuation Models

Frameworks used to determine the present value of an asset or company based on assumptions about future revenue streams, growth rates, and discount rates.

Discontinued Operations

Components of a business that have been sold or otherwise disposed of, or will be disposed of, which are reported separately in financial statements for clarity on continuing operations.

Income Statement

A financial statement that shows a company's revenues, expenses, and profits or losses over a specific period of time, highlighting the company's financial performance.

Nonmonetary Asset

Nonmonetary assets are items of value owned by a company that cannot be directly converted into cash, such as property and equipment.