Which of the Following Is the Last Step in Ethical

question 109

Multiple Choice

Which of the following is the last step in ethical decision making?

• A)Judging the ethics of the proposed decision
• B)Establishing moral intent
• C)Auditing of decisions
• D)Engaging in ethical behavior
• E)Identifying the stakeholders a decision would affect

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Definitions:

Dividends

Payments made by a corporation to its shareholder members, usually derived from the company's profits, and distributed proportionally to the amount of shares owned.

Financing Activity

Transactions with lenders or investors that involve borrowing funds, repaying loans, obtaining equity capital, and paying dividends.

Subsequent Events

Events that occur after the balance sheet date but before financial statements are issued or available to be issued.

Negative Cash Flows

A financial situation where a company's outgoing cash exceeds the incoming cash during a specific period, potentially indicating financial trouble.