Through Time, an Act Can Come to Be Viewed as Unethical

question 43

Multiple Choice

Through time, an act can come to be viewed as unethical under which of the following philosophies and perspectives?

• A)The relativist perspective
• B)Teleology
• C)Deontology
• D)Egoism
• E)Rule deontology

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Definitions:

Statement of Retained Earnings

A financial statement that shows changes in a company's retained earnings over a specific period.

Income Statement

A financial statement that shows a company's revenue and expenses over a specific period, resulting in net profit or loss.

Financial Errors

Mistakes in the accounting records that can distort the financial statements and mislead users.

Retained Earnings

The fraction of net earnings that is not allotted for dividends, but is retained by the company to reinvest in the core business activities or to pay off debts.