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A Nurse Decides to Use the Ethical Principle of Utilitarianism

question 9

Multiple Choice

A nurse decides to use the ethical principle of utilitarianism to make clinical decisions.This principle is based on the greatest good for the greatest number.Which situation would most likely cause an ethical dilemma for this nurse?

Analyze the items affecting cash flows on the statement of cash flows and the indirect method of preparing it.
Compute depreciation expenses under different scenarios, including changes in estimate.
Determine the impact of specific transactions on the components of financial statements.
Prepare adjusting journal entries for depreciation, amortization, and impairment of assets.

Definitions:

Taxable Income

The amount of income used to calculate how much tax an individual or a company owes to the government in a given tax year.

Pretax Financial Income

Income of a company before taxes are deducted, as reported in its financial statements.

Deferred Tax Liability

A tax obligation due in the future for income that has been recognized in the financial statements but not for tax purposes.

Depreciation Temporary Differences

Differences that arise between tax depreciation and accounting depreciation, impacting the timing of income tax payments.

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