The Most Widely Recommended Principle for Ethical Behavior Is to Do

question 57

Multiple Choice

The most widely recommended principle for ethical behavior is to do what

• A)is best for yourself.
• B)will yield the most profits.
• C)you would want others to do for you.
• D)will reduce product prices.

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Definitions:

Fixed Asset

Long-term tangible property that a company owns and uses in its operations to generate income, such as buildings, machinery, and equipment, which are not expected to be consumed or converted into cash within a year.

Property, Plant, Equipment

Long-term assets held for business use and not intended for resale, such as buildings, machinery, and vehicles, subject to depreciation.

Depreciated

A decrease in the value of an asset over time due to wear and tear or obsolescence.

Operating Efficiency

A measure of how effectively a company uses its resources to generate profits.