Gerald Buys a New Beard Trimmer

question 39

Multiple Choice

Gerald buys a new beard trimmer. However, once he starts using it, he finds out that the trimmer has no settings to adjust the length of beard he wants to trim. Unsatisfied with the product, he considers returning it. Gerald decides that he would return the trimmer and buy another one that suits his requirement. In this scenario, which of the following types of ethical evaluation does Gerald demonstrate?

• A) Retrospective evaluation
• B) Deontological evaluation
• C) Analogical evaluation
• D) Teleological evaluation

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Definitions:

Direct Increase

An increase in the value or quantity of an asset or account directly due to additional investments or improvements, rather than through earnings.

Capital Assets

Long-term assets acquired for use in business operations, expected to be used or held for more than one financial period.

Capitalized

Costs that are recognized as part of an asset on the balance sheet rather than being expensed, often related to the acquisition or construction of a long-term asset.

Amortized

The process of gradually writing off the initial cost of an asset or loan over a period of time in a systematic and rational manner.