Which Ethical Principle States That, When Confronted with an Ethical

question 21

Multiple Choice

Which ethical principle states that, when confronted with an ethical dilemma, individuals should take the action that achieves the greater value for all of society?

• A) the Golden Rule
• B) Universalism
• C) the Collective Utilitarian principle
• D) the Social Contract rule

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Definitions:

Net Cash Flow

Net cash flow is the measure of financial performance calculated as the difference between cash inflows and cash outflows over a period of time.

Debt/Equity Ratio

A financial tool that determines the equity-debt mix used in the procurement of company assets.

Short-Term Debt

Borrowings of a company due within a year, typically used for immediate operational needs or working capital.

Long-Term Debt Ratio

A financial ratio comparing the amount of long-term debt financing relative to the total capital of a company, indicating the leverage or financial risk.