What Does It Mean to Say That a Principle Has

question 25

Multiple Choice

What does it mean to say that a principle has counterintuitive implications?

• A) That the principle's logical implications conflict with some moral intuition.
• B) That the arguments for the principle rely on implied premises that are not plausible.
• C) That the principle must be supported by counting the number of moral intuitions that agree with it.
• D) That the principle leads to unexpected and enlightening moral conclusions.

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Definitions:

Interim Financial Statements

Financial statements reporting the financial position and results of operations of an entity for a period shorter than a fiscal year, typically quarterly.

Entity-wide Disclosures

Refers to the disclosure of financial information by a business entity that pertains to its operations, financial condition, and performance, taking into account all divisions and geographic locations.

IFRS 8

A segment of International Financial Reporting Standards related to Operating Segments, requiring certain entities to disclose information about their operating segments, products and services, geographical areas, and major customers.

Impairment Loss

A reduction in the recoverable amount of a fixed asset or goodwill below its carrying amount, recognized in the financial statements.