The Concept of Justice Is Most Closely Related To

question 44

Multiple Choice

The concept of justice is most closely related to:

• A)ethical formalism.
• B)deontological ethics.
• C)the ethics of care.
• D)enlightened egoism.

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Definitions:

Cash Basis

Cash basis accounting is an accounting method where revenue and expenses are recorded only when cash is received or paid, respectively.

Sales Revenue

The income received by a company from its sales of goods or the provision of services.

Adjusting Entries

Accounting records entries registered at the conclusion of an accounting period for the purpose of assigning revenues and expenses to the period they truly took place.

Accrual Basis

A bookkeeping approach that logs income and expenses at the time they are accrued, without taking into account the timing of the cash flows.