An Activity Is Probably Ethical If It

question 13

Multiple Choice

An activity is probably ethical if it

• A)is approved of by most individuals in the organization and is customary in the industry.
• B)is approved of by no one in the organization,but has been carried out in the industry before.
• C)is customary in the industry.
• D)is not illegal.
• E)does not make consumers feel cheated,deceived,or manipulated.

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Definitions:

Future Earnings

The projected income a company is expected to earn in future periods, often used by investors to evaluate the firm's growth potential and value.

Unbiased

Free from bias; presenting a fair, objective representation of facts or information.

Market's Earnings Expectations

Investor anticipations or forecasts about a company's future earnings performance.

Fair Value

The estimated market value of an asset, liability, or financial instrument that is agreed upon by both the buyer and seller.