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What is a possible counterexample to the following moral principle?
Moral principle: Lying is always wrong.
Balance Sheet
A financial statement that displays a company's assets, liabilities, and shareholders' equity at a specific point in time, giving a snapshot of its financial condition.
Net Loss
The result when a company's total expenses exceed its total revenues during a specific period, indicating a financial loss.
Worksheet
A paper or electronic document used to organize and simplify accounting information before the preparation of financial statements.
Trial Balance
A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit columns to ensure that a company's bookkeeping system is mathematically correct.
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