Which Ethical Principle Is Based on the Idea That Actions

question 5

Multiple Choice

Which ethical principle is based on the idea that actions are ethical as long as they will benefit a person or a community?

• A)Autonomy
• B)Nonmaleficence
• C)Beneficence
• D)Veracity

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Definitions:

Salvage Value

The predicted disposal value of an asset at the conclusion of its usable life.

Net Cash Flows

The amount of cash that is generated or lost over a specific period, considering all cash inflows and outflows from operations, financing, and investing activities.

Year-End

The conclusion of a fiscal year when a company completes its accounting period, often used to finalize financial reports and assess annual performance.