Which of the Following Is Not a Step in Ethical

question 20

Multiple Choice

Which of the following is not a step in ethical decision making?

• A) Recognize the ethical issue.
• B) Get the facts.
• C) Evaluate alternative actions.
• D) Make a decision and test it.
• E) All of these are steps in ethical decision making.

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Definitions:

Equity Method

An accounting technique used to record investments in associate companies where the investor has significant influence but not full control.

Cash Dividend

A payment made by a company out of its profits to shareholders, usually in the form of cash.

Common Shares

Equity securities that represent ownership in a corporation, providing voting rights and a share in the company's profits via dividends.

Available-for-sale Securities

Financial assets that are not classified as held-for-trading or held-to-maturity, and can be sold in the market.