When Evaluating a Decision Based on the Ethical Norm of Rights,a

question 9

Multiple Choice

When evaluating a decision based on the ethical norm of rights,a manager will consider which of the following questions?

• A) Is the decision consistent with what we regard as fair?
• B) Does the decision respect the rights of the individuals involved?
• C) Is the decision consistent with people's responsibilities to each other?
• D) Does the decision optimize the benefits for those who are affected by it?

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Definitions:

Capital Investment

Funds used by a company to acquire or upgrade physical assets such as property, industrial buildings, or equipment to boost its long-term revenue.

Qualitative Characteristic

A feature that defines or characterizes the quality of information in accounting and financial reporting, such as relevance or reliability.

Expected Value Analysis

A form of analysis that assigns likelihoods (probabilities) to various inputs, thus incorporating uncertainty directly into the output (answer).

Probabilities

A measure representing the likelihood or chance of certain events occurring, expressed as a number between 0 and 1.