The Approach to Ethical Reasoning Called the "Ethics of Care

question 5

Multiple Choice

The approach to ethical reasoning called the "ethics of care" replaces a _________ ethical system with a caring-based ethical system.

• A) justice-based
• B) feminist-based
• C) virtue-based
• D) duty-based

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Definitions:

Accrued Liability

A liability that has been incurred, often for expenses, that has not yet been paid or recorded at the end of the accounting period.

Working Capital

The difference between a company's current assets and current liabilities, indicating the liquidity of the business.

Current Liabilities

Short-term financial obligations that are due within one year or within the normal operating cycle of a business.

Liquidity

A company's ability to meet its short-term obligations using its most liquid assets, indicating financial health.